The Guernsey House Price Index Q3 2016
In the third quarter of 2016, the mix adjusted average purchase price for local market properties in Guernsey was:
£412,792
This figure is 5% lower than the previous quarter and 7.5% lower than the same quarter of 2015. In the third quarter of 2016 saw 159 local market transactions, 39 transactions less than in the previous quarter.
The raw median price (realty only) of the fifteen open market transactions in the third quarter of 2016 was £950,000 compared with £872,500 in the third quarter of 2015, when there were also 15 transactions.
Top Stats
The below shows the movement of the average property prices and transactions across both Guernsey and Jersey.
Guernsey (Q3 2016) | Jersey (Q3 2016) |
|---|---|
| Average Property Price: £412,792 (Mix Adjusted) | Average Property Price: £460,310 |
| Change from previous quarter: - 5.0% | Change from previous quarter: 0% |
| Number of transactions: 159 | Number of transactions: 389 |
| Change from previous quarter: - 39 | Change from previous quarter: + 58 |
Skipton International House Price Index Q3 2016 - Guernsey
Skipton International House Price Index Q3 2016 - Guernsey + Jersey
Skipton International House Price Index Q3 2016 - Guernsey, Jersey, UK, London
Quarter 3 Review
Since the beginning of 2016, the average mix adjusted property price in Guernsey fell by £10,842 (2.5%) to £412,792 with the average property price in Jersey increasing by £4,289 (1%) to £460,310. Over the first three quarters of the year, London house prices have increased by £18,507 (4%), with UK house prices also increasing.
Guernsey (Q3 2016) | Jersey (Q3 2016) | London (Q3 2016) | United Kingdom (Q3 2016) |
|---|---|---|---|
| Average Property Price: £412,792 (Mix Adjusted) | Average Property Price: £460,310 | Average Property Price: £474,736 | Average Property Price: £206,346 |
The Skipton International House Price Index is prepared from information supplied by the States of Guernsey (Policy and Research), States of Jersey (Statistics Unit) and Nationwide Building Society House Price Index, but no representation is made to its accuracy. We reserve the right to edit or discontinue the Skipton International House Price Index at any time.
Persons seeking to place reliance on the Index for any purpose whatsoever do so at their own risk. No reliance should be placed on the index to value individual properties.
Guernsey Past Reports
Jersey Past Reports
Future Report Dates
The future Guernsey and Jersey House Price Index Reports will be released by the Government on the below dates. Skipton International will do its best to update soon after.
| Guernsey | Jersey |
|---|---|
| Wednesday 9 November | Thursday 17 November |