Quick ways in Under £500k£500k–£1M£1M+ 2+ beds3+ beds4+ beds Open marketLocal market

Mulcaster Street, St. Helier, St Helier

Mulcaster Street, St. Helier

Description

LOCATION The property is located within the heart of Jersey’s Central Business District, in one of the most sought after areas within St Helier. More specifically, the property is situated on the Eastern side of Mulcaster Street, between the junctions with Church Street and Bond Street, overlooking the Town Church. We attach a location plan and site plan for ease of reference. DESCRIPTION The property is a purpose built four storey office building, providing efficient open plan accommodation. The building provides the following high quality specification: Suspended ceiling with integral lighting; Comfort cooling/comfort heating; Perimeter trunking; Double glazing; Lift access; Kitchenette; Shower; Efficient open plan space; Excellent natural light provision; Male & female WC facilities. ACCOMMODATION 3 rd Floor - 735 sq.ft. TENURE The offices are available on a new 9 year lease based on fully repairing and insuring terms by way of a managed service charge, with 3 yearly rent reviews in line with Jersey Cost of Living. Please call Sarre & Co on 880 880. Please note that all areas and measurements given in these particulars are approximate and rounded. The text, photographs and floor plans are for general guidance only. Once an offer is accepted and negotiations for the purchase of a property are entered into, the prospective purchasers will be asked to produce photographic identification(passport or driving licence) and proof of residency documentation eg, a current utility bill together with confirmation of source of funds.This is in order for us to comply with the current Money Laundering Legislation.

Ref 63998
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This property's own sale history, 2004–2019

8 recorded sales of this address in the Places.je transaction register (showing the most recent 8 of 9) — matched by house name/street and parish, not a unique property ID, so treat this as a strong likely match rather than a certainty.

Sale datePriceAt 2024 prices
2019-04-26£465,000£574,405 +24%
2015-10-30£550,000£830,429 +51%
2009-03-01£142,500£227,823 +60%
2009-03-01£142,500£227,823 +60%
2007-07-01£2,255,000£3,995,463 +77%
2006-08-01£3,000,000£5,968,337 +99%
2006-04-01£1,725,000£3,431,794 +99%
2004-12-01£2,594,000£5,776,514 +123%

The "2024 prices" column carries each past price forward at the island-wide repeat-sales index — the same money at today's market level, not a valuation of this specific property. It takes no account of the condition the property was in at each sale, or any work done to it since.

Not marked as sole agency on the original listing, so this property may also be marketed by other agents not captured in this data.

Nearby

Nearest match in each category, from a fixed list of Jersey amenities — not every pub, café or shop on the island, so treat this as a useful sample, not a complete picture. Distances are straight-line ("as the crow flies"), multiplied by 1.3 to approximate real road-network distance — this is an estimate, not turn-by-turn routing, and actual walking/driving routes may differ. Times assume constant average speeds appropriate to Jersey's roads and 40mph limits: walking 4.5 km/h, cycling 14 km/h, driving 30 km/h — not open-road speeds, and they don't account for traffic, parking or terrain.

Getting connected

Jersey has two residential broadband providers: JT — the island's own former state telecom, now Jersey's full-fibre network builder — and Sure, which completed absorbing Airtel-Vodafone's Channel Islands customer base in September 2025 (Airtel-Vodafone no longer trades as a separate operator here). Jersey's copper phone network is largely already history: JT finished building an island-wide fibre-to-the-home network back in July 2018 and has been retiring copper ever since — well ahead of Guernsey, where the equivalent copper switch-off was still under way through 2026. Always confirm actual coverage and switch-over status at this specific address directly with JT or Sure before assuming.

What would improving it be worth?

Modelled for this property in St Helier, 68 m² of known floor area. Adjust build quality or size for this property

Value added is the extra floor area priced at £6,818/m² — the midpoint asking price per m² among 219 St Helier properties currently for sale that publish a floor area. Cost uses £4,000–£6,000/m² new build and £2,000–£4,000/m² refurbishment, depending on quality. Net is against the mid rate. The last column is how often Jersey actually approves that kind of application.

The build-cost figures below are Guernsey's, not Jersey's

Unlike the value side of this table (priced from Jersey's own current asking prices), the £4k–6k new-build / £2k–4k refurbishment rates are carried across from guernseyproperties.gg, where they were supplied by that site's owner from local Guernsey experience — they have not been independently verified for Jersey, and construction costs plausibly differ between the islands. Treat the Cost and Net columns as an unverified placeholder until a Jersey-specific quantity surveyor's rate replaces them.

ImprovementValue it might addLikely costNetApproved
Add a bedroom (single-storey extension)
A modest double plus circulation, built new. ~14 m²
£95,455 £70,000
14 m² · mid spec new build
range £56,000–£84,000
+£25,455 86% (569)
Loft conversion with a bedroom
Works inside an existing roof, so it prices as refurbishment rather than new build — which is why it usually wins. ~20 m²
£136,364 £60,000
20 m² · mid spec refurb
range £40,000–£80,000
+£76,364 86% (84)
Two-storey extension
Roughly 14 m² on each of two floors. ~28 m²
£190,909 £140,000
28 m² · mid spec new build
range £112,000–£168,000
+£50,909 83% (193)
Garage, annexe or outbuilding
Detached space is worth less per m² than main-house floor area. ~18 m²
£73,636 £90,000
18 m² · mid spec new build
range £72,000–£108,000
−£16,364 82% (216)
Read this as an order of magnitude, not a promise

Two things it cannot see. First, it prices floor area at the local average rate — it doesn't know your plot, your roof, your outlook, or whether an extension is physically possible; nor whether your street has a ceiling price that no amount of extending beats. Second, the rate comes from asking prices of other properties currently for sale that state a floor area — a minority of Jersey's live stock, so treat the sample sizes shown as real limits, not decoration.

The obvious alternative method is worse, which is why it isn't used here: comparing a typical 3-bed with a typical 4-bed suggests a bedroom is worth far more than it actually is — a bigger bed-count usually means a bigger house on a bigger plot, so that figure measures the mix of what's for sale, not the value of adding a room.

Before spending anything, get a builder's quote and talk to an architect — the type-of-work approval rates show how often that kind of application actually succeeds.

Sale history

Sale datePriceAt 2024 pricesAddress on register
2019-04-26£465,000£574,405 +24%15 Mulcaster Street, ., St. Helier
2015-10-30£550,000£830,429 +51%19 Mulcaster Street and 1 Bond Street, St. Helier
2009-03-01£142,500£227,823 +60%15 Mulcaster Street, St. Helier
2009-03-01£142,500£227,823 +60%15 Mulcaster Street, St. Helier
2007-07-01£2,255,000£3,995,463 +77%1 Mulcaster Street, St. Helier

Matched by house name/street and parish against the Places.je property transaction register — not a unique-ID lookup, so a shared house name could span more than one property. The "2024 prices" column carries each price forward at the island-wide repeat-sales index — it is what that sum of money would be at today's market level, not a valuation of this property, and it takes no account of the condition it was in then or any work done since.

Planning history

ApplicationDescriptionStatus
A/2026/10708Install 1No. illuminated projecting signs to South elevation and 1No. illuminated projecting signs to East elevation.Approved
Full record
P/2025/0060Change of Use of Hair & Beauty Salon (Class A) to 1 no. 2 Bedroom Residential Unit with Amenity area.Approved
Full record
A/2025/0018Install 1 No. Illuminated Fascia Sign to North Elevation.Approved
Full record

Matched by house name/street and parish against Jersey planning applications decided in the last 3 years — coverage is partial and not a unique-ID lookup.

Estimated cost of live planning permissions

Jersey planning permissions lapse after a set period if unbuilt; these applications fall inside the last 3 years and were not refused, so they are presumptively still capable of being implemented.

How this is calculated

The work type shown is inferred automatically from the wording of the planning application's own description — it isn't stated by the applicant. The base cost range comes from published UK national renovation/build-cost guides for that type of project, and a ~25% uplift has been added to reflect higher shipping/import and skilled-labour costs in the Channel Islands — this is an estimate, not a published index. These figures are indicative only, not a quote: actual cost depends on specification, finish, ground conditions and the contractor. For anything serious, get a quote from a local quantity surveyor or builder.

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