Average House prices – Open and Local Market

12th November 2014

The average price of a local market property between July and September 2014 has been calculated at £466,288, a drop of 0.6% from the previous quarter, but 0.5% higher than the same quarter last year.

This shows steady market conditions, in spite of the fewer number of sales. The average price of an open market property has risen from £930,000 to £1,116,000 during the same period.

These mix-adjusted average prices are calculated by the States Policy Council from the sales registered at the Greffe, and do not include properties sold by share transfer, which could explain – with confidence flooding back into the sector - why fewer open market sales were recorded.

Contact any of the Cooper Brouard local market or open market sales teams, without charge or obligation, for an experienced evaluation of Guernsey’s housing market and what your property is worth. Telephone (01481) 236 039 or email enq@cooperbrouard.com