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House Price Index Report, Quarter 3 2010

Produced by the Statistics Jersey (Strategic Policy, Planning and Performance)
Authored by Statistics Unit and published on 18 Nov 2010
Prepared internally, no external cost


​​The House Price Index measures the combined weighted average price of 1 and 2-bedroom flats and 2, 3 and 4-bedroom houses. The Quarter 3, 2010 report showed that:

  • the mix-adjusted average price of properties sold in Jersey in Q3 2010 (£500,000) was similar to the mean for calendar year 2009
  • the average price recorded in Q3 2010 was 5% higher than in the previous quarter
  • the quarterly increase in average price was particularly driven by the 4-bedroom houses which sold in the quarter
  • excluding 4-bedroom houses shows that, overall, the majority of the Jersey residential property market was essentially stable in price from early 2008 to the present time
  • the number of properties sold in Q3 2010, on a seasonally adjusted basis, was higher than that recorded a year ago, but was almost a fifth below the longer term average seen before mid-2008

Download House Price Index Report, Quarter 3 2010 (size 90kb)
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