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House prices rise 5% in three months - Jersey



For sale signs The average Jersey home now costs 425,000

For sale signs

Average house prices in Jersey rose 5% over the past three months, according to latest quarterly figures from the States.

The average price for a home in Jersey is now 425,000, making island homes the third most expensive in the British Isles after Guernsey and London.

All categories of housing became more expensive, while 298 homes changed hands during the three-month period.

The Jersey House Price Index is still 3% below its 2010 peak.

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