---
title: "Jersey house prices plateau with average three-bed at £776,000"
url: https://www.nsfw.info/jersey-house-prices-plateau-three-bed-776000/
published: 2026-11-05T10:31:00+00:00
modified: 2026-11-05T10:31:00+00:00
author: "Chief Editor"
categories: ["Housing"]
image: https://www.nsfw.info/wp-content/uploads/2026/11/jersey-house-prices-plateau-three-bed-776000-1024x572.webp
summary: "Jersey house prices fell just 0.1% annually in Q3 2026, with the average three-bedroom home at £776,000 and first-time buyer prices up 38.6% since 2016."
publisher: NSFW (https://www.nsfw.info)
---

# Jersey house prices plateau with average three-bed at £776,000

**In brief:** Jersey house prices fell by a marginal 0.1% in the third quarter of 2026 compared with the same period a year earlier, according to figures from Statistics Jersey. The data underlines just how formidable the island’s property market remains for buyers at every level.

## Where prices stand

Figures from Statistics Jersey show that the House Price Index recorded a 0.1% annual decline in Q3 2026, a movement so small it is best described as a plateau rather than a correction. For context, the four-quarter average to Q2 2026 put the cost of an average Jersey home at £695,000, which is 15.7% more than the equivalent figure in Guernsey, where buyers were paying an average of £600,000 over the same period. Readers can see every chart and table on the NSFW data page.

Statistics Jersey’s own guidance is worth keeping in mind here: because relatively few homes change hands in Jersey each quarter, quarterly figures can move around, and the four-quarter rolling average is the more reliable guide to the underlying trend. A single quarter’s marginal dip, then, should not be mistaken for the start of a sustained slide.

The longer view is even more striking. Figures from Statistics Jersey show that prices in 2025 were 11.2 times their 1985 level. Whatever short-term wobbles the market produces, the direction of travel over four decades has been relentlessly upward.

## Sales volumes and borrowing

Figures from Statistics Jersey show that 1,063 homes sold in 2025, a notable recovery from 788 in 2024, though still a long way short of the pandemic-era peak of 1,849 sales in 2021. The market is moving, but it is not exactly humming.

Of the homes sold through the Royal Court in 2025, 54.8% were purchased with a loan, with total borrowing reaching £304 million. Perhaps the most eye-catching detail is that 43% of those borrowers took out a loan covering 80% or more of the purchase price. In a market where prices remain high, borrowing at that level means taking on significant debt. That is a significant commitment by any measure.

## First-time buyers and restricted properties

For those trying to get a first foot on the ladder, the picture is mixed at best. Figures from Statistics Jersey show that prices of homes restricted to first-time buyers were 38.6% higher in 2025 than in 2016. The properties designed to make ownership accessible have themselves become considerably less accessible over the past decade. The restricted market has not insulated aspiring owners from the broader inflationary pressure that has characterised Jersey property for a generation.

The House Price Index itself covers one- and two-bedroom flats and two-, three- and four-bedroom houses, using freehold and flying-freehold sales passed before the Royal Court alongside share-transfer sales. Statistics Jersey weights the mix of property types so that a quarter dominated by larger homes does not artificially inflate the headline figure, making the index a reasonably clean measure of like-for-like price movement.

## The NSFW Perspective

A 0.1% annual fall is the kind of number that estate agents will describe as “stabilisation” and first-time buyers will describe as “not nearly enough.” Both are right, in their own way. Jersey’s property market has spent four decades defying gravity, and one quarter’s marginal dip is hardly the moment to start drafting the eulogy for sky-high prices.

What the figures do confirm is that the island’s housing market operates in a league of its own, even by the standards of its nearest neighbour. Being 15.7% more expensive than Guernsey, itself no bargain, is quite the distinction. For the many Jersey residents who rent, or who are saving for a deposit while watching restricted-market prices climb 38.6% in under a decade, a 0.1% annual nudge downward is unlikely to prompt much celebration. The market may be pausing for breath. Whether it is doing anything more dramatic than that remains, for now, very much to be seen.

*Source: [NSFW Data](https://www.nsfw.info/data/house-prices?release=house-prices-202611051020)*