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

Princess Anne opens Jersey Zoo gorilla enclosure
Tarifa Jet and Caesarea Trader return to service
Jersey Post returns to profit
Could harnessing the youth vote change the election?
Inclusive island-wide fundraising challenge asks for 'moment of understanding'
Jersey ranks second in list of short-break destinations
HMS Tyne visits for Jersey Boat Show
Penalty shootout ends Jersey Bulls' promotion hopes
Comments
Add a comment