Jersey property prices rise by 2% in second quarter
Private sector rental prices rose by 2% in the second quarter of 2022
- Published
House prices in Jersey rose by 2% in the second quarter (Q2) of 2022.
The island recorded its highest annual average price rise by 16% in the first quarter of the year.
reported the price of three and four bedroom homes had decreased, with all other property types increasing.
Private sector rental prices were 2% higher than at the beginning of 2022.
The average property prices for Jersey in Q2 were:
One-bedroom flat - £353,000 (Q1 £339,000)
Two-bedroom flat - £536,000 (Q1 £496,000)
Two-bedroom property - £664,000 (Q1 £652,000)
Three-bedroom property - £853,000 (Q1 £861,000)
Four-bedroom property - £1329,000 (Q1 £1,339,000)