Unlocking the Door to Jersey’s Property Market: Jersey Court Analysis 8th November 2024

Welcome to our Jersey Property Analysis 8th November 2024. Across the transactions this week, there is a noticeable trend of properties selling for less than their initial listing price. This suggests that buyers may be negotiating more aggressively or that sellers are adjusting their expectations in response to the market environment. The size of these adjustments varies, with some properties seeing minimal reductions while others experienced significant differences between listing and sale prices.

1. Apartment 4, Park Place, 6 Tunnell Street St Helier was sold for £320,000. First floor one double bed apartment. Fantastic new development by Style Homes, just a stone’s throw from Millennium Park. Spacious living room, Linear Avant handless kitchen with Neff appliances and feature lighting. Bedroom with fitted wardrobe, contemporary bathroom with three-piece suite, separate cloakroom, and utility cupboard. The property was listed for c£360,000.

2. Kimstead, La Route De La Trinite, Trinity was sold for £865,000. Set back down a private driveway, this detached, spacious family dormer bungalow overlooks fields and offers great potential for extension. The property includes three receptions, a kitchen, a main bedroom suite (which could be converted into two), two double bedrooms upstairs, and a house bathroom. Features also include an integral double garage, swimming pool, detached pool house, lawned garden, workshop, and paved parking for 6/7 cars. Listing price was c£865,000

3. 1 Le Jardin D’abbeville, La Grande Route Des Sablons, Grouville was sold for £1,050,000. Detached, spacious three double-bedroom family home located in a small hamlet of only seven houses along the Grouville coast road, just minutes from the beach. The property is well presented throughout with a south-facing garden, modern kitchen, and a cosy living room with a fireplace, offering a perfect blend of comfort and style. Listing price was c£1,375,000

4. Little Icho, Pontac Common, St. Clement was sold for £900,000. A cosy three-bedroom beach house situated on a private lane, well away from passing traffic with direct beach access. The accommodation includes a living room with picture windows, a kitchen, a cloakroom, three bedrooms, and a bathroom. It features a good-size front garden and a second garden leading down to the promenade with steps to the beach. The property also comes with a garage and two parking spaces at the front. Listing Price was c£1,275,000.

5. Sandycroft, La Route De St. Aubin, St. Helier, was sold for £530,000. A three/four bedroom bungalow in need of renovation situated in St Helier. The main property features a spacious layout with a separate dining room, living room with a bay window and fireplace, and an open plan kitchen leading to an outside lawned garden. Additionally, there is a separate utility room, a double bedroom with a built-in wardrobe, and a single bedroom. This bungalow offers versatile living with a self-contained one-bedroom unit. Listing price was c£549,995

As the year draws to a close, you may think it’s too early to list your property for a 2025 sale. However, the festive season provides a golden opportunity to make your home stand out to prospective buyers. Learn more here