House Price Index report for the second quarter 2010
Produced by the
Statistics Jersey (Strategic Policy, Planning and Performance)
and published on
12 Aug 2010
Prepared internally, no external cost
Download the House Price Index report for quarter 2 2010 (size 107kb)
The Jersey House Price Index measures the combined weighted average price of 1 and 2-bedroom flats and 2, 3 and 4-bedroom houses.
The principal data source for the Jersey House Price Index is the Jersey Property Bulletin, supplemented by information on type and size of property provided by the States of Jersey Housing Department.
This report covers the second quarter of 2010 and shows that:
- the mix-adjusted average price of dwellings sold in the first 6 months of 2010 was 5% lower than the average for calendar year 2009
- all property types recorded decreases in mean price in the first half of 2010 compared with the averages for calendar year 2009
- the number of properties which sold in the latest quarter on a seasonally adjusted basis was slightly higher than that recorded a year ago but was about a fifth below the long-term average seen before 2008