The Jersey House Price Index

The Jersey Housing Market Activity Index is a derived index compiled from existing data sourced to produce the Jersey House Price Index and combines the mix adjusted average price of dwellings sold in Jersey with the total number of transactions that occurs during the same period to provide an indication of the total market activity.

The  Jersey Housing Market Activity Index is published by the States of Jersey. Skipton International has taken the data and broken it down to make it easier to understand for the general public.

Have a question about the data, or want a quote for a press story?  Email our Commercial Team - commercial@skiptoninternational.com

To see how prices have changed from the previous quarter and view Skipton's comments, please click the below reports.  

Jersey House Price Index

Summary

The data above shows the average property price in Jersey since 2005.

Jersey House Price Index Methodology

The index measures the combined weighted average price of one and two-bedroom flats and two, three and four-bedroom houses.

The principal data sources on the transaction prices of property sales used in the Jersey House Price Index are:

  • the Jersey Property Bulletin for freehold and flying freehold properties
  • the States of Jersey Taxes Office for share transfer transactions

The above data are supplemented by information on the type and size of each property provided by the States of Jersey Population Office.

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.  

Future Report Dates

The below shows some of the key stats from the latest Guernsey and Jersey House Price Index Reports.

The first table shows how house prices have changed from the previous quarter.

Guernsey (Q2 2019 vs Q1 2019) 

Jersey (Q2 2019 vs Q1 2019) 

Average Property Price Q1 2019: £425,394 (Mix Adjusted)Average Property Price Q1 2019: £499,000
Average Property Price Q2 2019: £427,893 (Mix Adjusted)Average Property Price Q2 2019: £512,000
Change from previous quarter: + 0.6%Change from previous quarter: + 2.60%
Number of transactions: 215Number of transactions: 487
Change from previous quarter: + 38Change from previous quarter: + 174

 This second table shows the change from the same quarter a year earlier.

Guernsey (Q2 2019 vs Q2 2018)

Jersey (Q2 2019 vs Q2 2018)

Average Property Price Q2 2019: £427,893 (Mix Adjusted)Average Property Price Q2 2019: £512,000
Average Property Price Q2 2018: £410,830 (Mix Adjusted)Average Property Price Q2 2018: £480,000
Change from Q2 2018: + 4.2%Change from Q2 2018: + 6.7%
Number of transactions: 215Number of transactions: 487
Change from Q2 2018: + 75

Change from Q2 2018: + 240

 

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.