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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 Q4 2013

20 February 2014

The House price Index report for the fourth quarter of 2013 has been released by the Statistics Unit.

  • ​the mix-adjusted average (mean) price of dwellings sold in Jersey in calendar year 2013 was 1% lower than in 2012
  • 2013 represents the fourth consecutive year in which the average dwelling price has decreased marginally on an annual basis; over the five-year period from 2009 to 2013, the overall mean price has fallen by 6%
  • the mean price of 1-bedroom flats was slightly higher in 2013 than in 2012; in contrast the mean price of 2-bedroom flats fell slightly, returning to a level seen previously in 2011
  • 2-bedroom houses recorded the lowest annual mean price since 2007, whilst the average price of 3-bedroom houses decreased for the fourth consecutive year; the mean price of 4-bedroom houses remained stable in 2013
  • on a quarterly basis, in Q4 2013 the Jersey House Price Index was 5% lower than in the previous quarter and 3% lower than in the corresponding quarter of 2012
  • the turnover of properties sold in 2013 overall was 3% lower than 2012, although an increase in turnover was observed in the latter half of 2013
  • share transfer properties accounted for half of all flats sold in 2013, a lower proportion than that seen in 2011 and 2012
Download House Price Index report for Q4 2013 (size 572kb)
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