REGIONAL INSIGHT
Oliver Rodbourne
Head of the Channel Islands Sales
The Channel Islands market, much like mainland UK, has thrived since the release from the lockdown periods. The islands were a little slower to get going due to travel restrictions, but they’ve since seen the same impact of demand off the back of the covid pandemic. Many business people still see the islands as wonderful places to work from. They’re very accessible and offer peaceful, safe and beautiful surroundings to live and run businesses from. Restrictions in the number of 21E residents in Jersey continue to be talked about on the island. Anyone wanting to move to Jersey should consider these possible changes as they may be implemented in the coming years.
“Many business people still see the islands as wonderful places to work from. They’re very accessible and offer peaceful, safe and beautiful surroundings to live and run businesses from”
Increase in Jersey housing market activity in Q3 2022 compared to a year earlier
Increase in the average price of a property in Guernsey in Q3 2022 compared to a year earlier.
Increase in the average price of a property in Jersey in Q3 2022 compared to a year earlier.
12 properties purchased YTD in 2022 via Jersey’s HVR scheme have been valued at £5m+.
£5m
Average price of a four-bedroom house sold in Jersey in Q3 2022
Average price of an Open Market property sold on Guernsey in Q3 2022
£1.58m
11 families relocated to Jersey in the first 11 months of 2022, as part of the HVR scheme.
The minimum purchase price of a house for those granted entitled status under Jersey’s HVR scheme