slomans estate agents jersey
Search for Jersey properties to buy Search for Jersey properties to rent
Jersey Property News
home sales management housing law about us the team contact us
 
20% Increase in House Prices

Wednesday, 13 February 2008

Quote StartHouse prices in Jersey are increasing at an annual rate of 20%Quote End
The Jersey House Price Index for Quarter 4 2007 was published today (13 February) by The States of Jersey. The Headlines are:

- In the fourth quarter of 2007, the average price of dwellings sold in Jersey was increasing at an annual rate of 20%;

- house prices in particular were seeing a greater rate of increase than in previous years, with 3 bedroom houses increasing at a rate of about 21% per annum and 2 and 4 bedroom houses each at about 17%;

- the average price of 2 bedroom flats has remained essentially static over the last three years, whereas the price of 1 bedroom flats has increased recently;

- the average (mix-adjusted) price of dwellings sold in Jersey during Q4 2007 was £435,000;

- average turnover of properties in Q4 2007 was similar to the previous two quarters, though at a marginally lower level than in 2006;

- the Jersey Private Sector Rental Index indicates that average rents in the private sector have increased at a higher rate in 2007 than in each of the previous four years.

The next Jersey House Price Index for Quarter 1 2008 will be published on 21st May.

If you would like a free verbal valuation of your property without obligation call us today on 87 97 87.



© 2008 This content has been exclusively written for Slomans Estate Agents Jersey


home  |  sales  |  management  |  housing law  |  about us  |  the team  |  contact us
 
Property of the Week

Property Wanted

Mortgage Calculator
Enter the purchase price below:



Slomans Jersey Logo
Copyright © 2008 Slomans