Jersey House prices rose by 5% in 2020. Yet again, every type of property has recorded its highest ever annual average price.
One bedroom flats have hit a mean average of £300,000 for the first time - up £11,000 at the end of the year compared to the previous quarter.
Three bedroom homes changed hands for an average £687,000, broadly similar to in Q3 of 2020.
But there was a huge rise in the mean price paid for a four bedroom home - up an eye-watering t£200,000 on the previous three months to £1.164m.
The House Price Index says there were around 30 transactions of that type of property in the last quarter of the year that were in excess of £1m.
Fewer properties changed hands overall, with turnover down 10% on 2019.
Flat sales were down by 19% over the year, driven by lower demand for newly-built properties. 180 fewer sold in 2020 compared with 2019.
Overall, the average paid for property in Jersey is £567,000 compared to £497,000 in London.
Mean prices by size in Q4 2020 compared with the previous quarter:
1 bedroom flat - £300,000, up £11,000
2 bedroom flat - £440,000, up £18,000
2 bedroom house - £572,000, up £34,000
3 bedroom house - £687,000, unchanged
4 bedroom house - £1,164,000 up £200,000
A Channel Islands success story to expands to Dubai
Minister: JET's top-up funding model was 'unsustainable'
Channel Islands could get a third of monthly rainfall in 24 hours
Channel Islands Air Search plane "temporarily unavailable" due to registration issue
Five new laws proposed to tackle violence against women and girls
All JET staff at risk of redundancy as government caps funding
Plans submitted to replace Fort Regent roof
Jersey Post increase the number of collections from Amazon depots
