Jersey Property Market Analysis 6th June 2025

Welcome to our update: Jersey Property Market Analysis 6th June 2025

Market Watch: Undervalue Sales Persist as Transaction Volume Drops

Last week saw a notable slowdown in activity, with just 15 property transactions recorded through Court, one of the lowest weekly tallies this year. Despite the quieter market, the trend of sales completing below original listing prices continued across the board, underscoring ongoing buyer caution and sustained negotiation power in a softer market.

From rural cottages to town-centre investments, every sale highlighted a clear margin between initial expectations and final sale prices.

1. Greenfields Cottage, La Rue Des Buttes, St John – Sold for £1,067,000. Charming country cottage with 2 bedrooms, 2 bathrooms, 3 reception rooms, and generous parking, set on a quiet green lane. Surrounded by lawned gardens front and back, it offers spacious living and a private driveway approach. **Earlier Listing Price: c£1,195,000**.

2. Shaldon, La Ruette De Patier, St Saviour – Sold for £539,000. Detached 3-bedroom bungalow with 1 bathroom, a spacious living area, and parking, set at the end of a quiet cul-de-sac. Features a large sunny elevated garden, block-built storage, and great potential to modernise throughout. **Earlier Listing Price: c£565,000**.

3. Apartment 4, Hope Cottage, Bellozanne Valley, St Helier – Sold for £625,000. Stunning new-build 2-bedroom, 2-bathroom apartment offering 1,019 sq ft of stylish, light-filled space with high-end finishes. Includes a sunny balcony, large private roof garden, utility room, parking, and a private store, all just a short walk from the beach and town.**Earlier Listing Price : c£645,000**.

4. Flat 7, Churchill Place, St Helier – Sold for £490,000. Beautifully converted 2-bedroom apartment offering 1,199 sq ft of character-filled living on the edge of town. Set within a former church, it features original architectural details, a mezzanine, spacious kitchen/diner, utility room, and modern finishes throughout. **Earlier Listing Price: c£535,000**.

5. 22 Hill Street (or ‘RUE DES TROIS PIGEONS’) St Helier – Sold for £960,000 22 Hill Street is a modern town centre property providing office space across four floors, each with lift access, W.C., and kitchenette facilities. In addition to high-spec office fit-out and a large rear garden terrace, the building also includes residential accommodation, offering a flexible mixed-use opportunity. **Earlier Listing Price: c£1,150,000**.

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