The average price paid for property in Jersey has topped £700,000 for the first time.
The latest House Price Index for the third quarter of 2022 puts it at £709,000. That is compared to £545,000 in London.
House prices here have risen by 13% percent in the year to September.
Every type of home increased in value- apart from two bedroom houses.
A one bed flat sold for a record average of £370,000. Two bedroom properties reached their highest ever average too, at £557,000.
The highly-sought after three bedroom family home hit £904,000 - another record high and up £51,000 on the spring average.
Statistics Jersey, which compiles the figures, says the recent interest rate rises won't have had an impact yet, because mortgage and sale prices are usually agreed around six weeks before the transaction.
Private sector rents were 2% higher than last September.
Mean prices by size in Q3 2022 compared with the previous quarter:
- 1 bedroom flat - £370,000, up £17,000
- 2 bedroom flat - £557,000, up £21,000
- 2 bedroom house - £632,000, down £32,000
- 3 bedroom house - £904,000, up £51,000
- 4 bedroom house - £1,329,000, upchanged
Texas and Tom Grennan to headline Weekender in a new location
New tenancy law 'could help keep young islanders in Jersey'
Brittany Ferries tests Barfleur in Guernsey and announces discounted fares
DFDS reveals plans for hybrid electric ferry for Channel Islands
Air Accident Investigators head to Guernsey after Aurigny aircraft overshoots the runway
Rise in Jersey workers with grievances about their employer
Burst water main sends water soaring on Kensington Place
LOOK INSIDE: Jersey's Corbière lighthouse turns 150!
