​​The House Price Index measures the combined weighted average price of 1 and 2-bedroom flats and 2, 3 and 4-bedroom houses. The Quarter 3, 2010 report showed that:

• the mix-adjusted average price of properties sold in Jersey in Q3 2010 (£500,000) was similar to the mean for calendar year 2009
• the average price recorded in Q3 2010 was 5% higher than in the previous quarter
• the quarterly increase in average price was particularly driven by the 4-bedroom houses which sold in the quarter
• excluding 4-bedroom houses shows that, overall, the majority of the Jersey residential property market was essentially stable in price from early 2008 to the present time
• the number of properties sold in Q3 2010, on a seasonally adjusted basis, was higher than that recorded a year ago, but was almost a fifth below the longer term average seen before mid-2008