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Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

House Price Index report for Q1 2014

22 May 2014

The House Price Index report for Q1 2014 has been released by the Statistics Unit. The report shows that:
  • on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey in Q1 2014 was 1% lower than in the previous quarter and 2% lower than in calendar year 2013
  • on a quarterly basis the mean price of 3-bedroom houses in Q1 2014 was almost 7% lower than in the previous quarter and the lowest recorded for this property type since 2007. The mean prices of 2-bedroom flats and 2- and 4-bedroom houses sold in the latest quarter were slightly higher than in the previous quarter
  • the turnover of properties in Q1 2014 was at a similar level to the quarterly average seen in 2013
  • share transfer transactions accounted for around two-thirds of all eligible flat sales in Q1 2014, a greater proportion than recorded in 2013 when share transfers accounted for around half of such sales
Download House Price Index report for quarter 1 2014 (size 627kb)
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