Welcome to our market update: Jersey Property Market Analysis 14th February 2025
This Week in Jersey Property: Shifting Sentiment or Strategic Buying?
This week’s residential transactions suggest a market that’s becoming increasingly price-sensitive. While demand remains steady across various property types, including coastal cottages, family homes, and modern apartments, the majority of sales were completed below their original asking prices, with some reductions being notably significant.
This may reflect a broader recalibration in buyer confidence, with purchasers appearing more value-driven and selective. Sellers, meanwhile, seem increasingly willing to adjust expectations to secure a deal, possibly signalling a return to more realistic pricing in the market.
Overall, the range of sales shows that well-located, well-presented homes are still moving, though often with more negotiation than we’ve seen in previous quarters.
Are You Thinking of Selling Your Property?
If you’re considering selling your Jersey property, now may be the perfect time to explore what you could achieve in today’s evolving market. Contact us for a free, no-obligation property valuation and expert guidance tailored to your needs.
Recent Jersey Property Sales:
1. Villa Des Arbres, 1 Le Clos De La Bataille – Sold for £960,000. A spacious two-generation detached bungalow, featuring a three-bedroom, two-bathroom main home plus a self-contained one-bedroom studio. The property also includes two reception rooms, a double garage, parking for four, and a heated swimming pool. **Original Listing Price: £1,295,000**.
2. 39 Roseville Street, St Helier – Sold for £990,000 Renovated 5-bedroom, 3-reception terraced house. This property boasts a character-filled breakfast room, stylish kitchen, and utility area, spread over three floors with an en-suite principal bedroom, two further bathrooms, and a courtyard garden. Parking for 2-3 cars. **Original Listing Price: £1,050,000**.
3. Rougemont, La Route de la Haule, St Peter – Sold for £1,025,000. Spacious detached south coast home, just moments from the beach. The property offers a large eat-in kitchen, utility room, three reception rooms, and three double bedrooms with three bathrooms (one en-suite). Enjoy lovely views toward St Aubin’s Fort, a south-facing garden, and a double garage plus driveway parking. **Original Listing Price: £1,295,000**.
4. Apartment 8, Park Place, St Helier– Sold for £420,000 A 1-bedroom, 2-bathroom apartment in the new Park Place development by Style Homes, just off Millennium Park in St Helier. Features include a spacious open-plan living/kitchen area, utility room, and private terrace. Includes 1 parking space paid for 5 years. Flying Freehold. **Original Listing Price: £450,000**.
5. 15 Havre Des Pas, St Helier– Sold for £750,000 A beautifully refurbished 3-bedroom, 2-bathroom detached cottage just steps from Havre des Pas beach. This property features sea views, a south-facing garden with an outbuilding, and parking for 2 cars. **Original Listing Price: £780,000**.
Curious about property trends in St Helier? Let’s chat about your home’s value.
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Many thanks
Danny