Jersey house price index
What Jersey property prices have actually done since 2001, measured from 4,624 occasions where the same house sold twice. Because both sides of every comparison are the same property, this tracks the market itself rather than the mix of what happened to come up for sale in a given year — the flaw in any simple yearly average. 2001 = 100.
Hold time only counts properties that have sold at least twice since 2001 — homes bought once and never resold can't appear, so true average ownership in Jersey runs longer than this figure.
What would a past price be worth now?
Enter an address to find its sales on the register and carry each price forward at the island-wide index. This is an indexed figure, not a valuation — it applies the island average to one specific house, and knows nothing about its condition, its extensions, or what has been done to it since.
The Places.je register records an address, a date and a price — no market-type field. Nothing in it says how a sale should be classified, so a split index would have to be built on a guess, and it isn't offered. Parish is in the address, so that filter is real — see below.
By parish
A parish index is only offered where that parish has at least 250 repeat sales of its own — enough for the regression to mean something. St Mary has 86 pairs; an index built on that would be noise dressed as a trend.
- St Martin's average sale price over the last 5 years is 61% higher than neighbouring St Saviour's (£1,285,523 vs £797,389, 225 and 724 sales respectively). Jersey house price index
The index, year by year
| Year | Index (2001=100) | Change on the year | Sales used |
|---|---|---|---|
| 2024 year to date | 249.4 | -11.2% | 64 |
| 2023 | 281.0 | -6.2% | 99 |
| 2022 | 299.4 | +17.0% | 190 |
| 2021 | 256.0 | +15.4% | 212 |
| 2020 | 221.8 | +9.9% | 223 |
| 2019 | 201.9 | +6.3% | 198 |
| 2018 | 189.9 | +4.2% | 373 |
| 2017 | 182.3 | +5.7% | 439 |
| 2016 | 172.4 | +4.4% | 509 |
| 2015 | 165.2 | +1.1% | 414 |
| 2014 | 163.3 | +1.4% | 435 |
| 2013 | 161.0 | +0.1% | 373 |
| 2012 | 160.8 | +1.3% | 354 |
| 2011 | 158.7 | -3.0% | 359 |
| 2010 | 163.7 | +4.9% | 440 |
| 2009 | 156.0 | -4.9% | 446 |
| 2008 | 164.0 | +16.5% | 522 |
| 2007 | 140.7 | +12.3% | 662 |
| 2006 | 125.4 | +11.1% | 695 |
| 2005 | 112.8 | +0.7% | 494 |
| 2004 | 112.0 | +1.3% | 485 |
| 2003 | 110.6 | +7.6% | 442 |
| 2002 | 102.8 | +2.8% | 389 |
| 2001 | 100.0 | base year | 426 |
Every property on the Places.je register that has sold at least twice since 2001 contributes one pair per consecutive sale. The change between each pair is fitted across all 4,624 pairs at once using the Bailey-Muth-Nourse repeat-sales regression — the same approach behind the Case-Shiller and Nationwide indices. Nominal £1/£10/£100 transfers (mostly utility substations changing hands, not homes) are excluded, as are pairs less than nine months apart (usually one transaction recorded twice) and pairs more than 8x apart (a rebuild, or a data error).
Repeat-sales indices run slightly hot. If a house was extended between its two sales, the index reads that improvement as market growth, because it only ever sees the two prices. That biases this and every other repeat-sales index a little upward, and there is no way to correct for it from register data alone. Years are also uneven: 2024 is still in progress, and the thinnest published year rests on 64 sales, so single-year moves are noisier than the long-run trend.
This is not an official statistic — it is built entirely from the public Places.je sold-property register.