The average price paid for a three bedroom house in Jersey is now £605,000
That's risen by £25,000 in the first three months of this year to the highest ever average price.
Latest figures also reveal the sales of 3 bed homes is at a five year low.
The average price paid for a property in the first quarter of 2019 was 489,000. That is largely unchanged from the 2018 figure.
Taking seasonal adjustments into account, the average was 4% higher than at the end of last year and 2% up on the start of 2018.
In February the stats revealed the biggest annual house price rise in a decade, putting a mortgage for a house of any size - rather than a 1 or 2 bedroom flat - beyond the reach of a couple on average earnings.
Transactions of 3 bedroom homes fell to their lowest number since spring 2013.
Mean prices by size in Q1 2019 compared with Q4 2018:
1 bedroom flat - £255,000, up £17,000
2 bedroom flat - £413,000, up £13,000
2 bedroom house - £482,000, up £26,000 - also the highest average price ever recorded
3 bedroom house - £605,000, up £25,000
4 bedroom house - £924,000, down £4,000
Work begins on Haut du Mont Memorial Garden
Inflation in Jersey at 2.8%
Review rules out benefits overlap for pensioner carers
Ignoring data protection may cause Jersey to 'lose our economy'
Draft law scraps time limits on abortions in Jersey
Divide over approach to gender guidance in schools
Three charities awarded £500 grants in community campaign
Ministers back principle of social media 'restrictions' for under 16s
Comments
Add a comment