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  1. ITV Report

House sales on the rise in Guernsey

Credit: ITV Channel TV

More houses were sold in Guernsey in the third quarter of 2018, than in the same period for the past 6 years.

The Quarterly Residential Property Prices bulletin reveals that the average house price is £420,000, which is 2.2% higher than the previous quarter.

251 house transactions took place in the third quarter of 2018, which is 51 more than the same quarter last year.

Nearly 5% of houses sold were built within a year of being sold.

The third quarter sales are from July, August and September.