Guernsey rental prices up more than 50% in five years, easily outstripping the rate of inflation in that time
- Latest property prices information shows that average purchase price for Local Market properties rose to £595,820 in fourth quarter of 2025.
- 246 Local Market transactions occurred, marking a year-on-year increase of 58 transactions.
- The average time between a property becoming available for purchase and sale expanded to 279 days.
- The average rental price for Local Market properties reached £2,162 per month, a 2.4% increase from the previous quarter.
- Open Market transaction median price dropped to £1,560,000, compared to £1,700,000 in Q4 2024.
The latest Guernsey Residential Property Prices Bulletin has reported that for the fourth quarter of 2025, the mix adjusted average purchase price of Local Market properties reached £595,820.
This reflects a 0.5% increase over the previous quarter but marks a 1.4% decline compared to the same period in 2024. This average is 20.8% higher than five years earlier, highlighting a long-term upward trend.
In total, there were 246 Local Market transactions within the quarter, representing an increase of 37 compared to Q3 2025 and 58 more than Q4 2024. By comparison, quarterly records show that in Q4 2020, the total was 345 transactions, which was the highest ever recorded.
The time taken for properties to sell has lengthened, with the four quarter rolling average now sitting at 279 days from when a property first becomes available until its sale is completed. This is an increase from 234 days in Q4 2024 and 222 days in Q4 2020.
Further scrutiny into pricing revealed that, on average, final sale prices during Q4 2025 were 8.4% lower than maximum advertised prices, an increase from 7.4% a year prior. Among the Local Market purchases, only 1.6% comprised properties built within the past year, down from 5.3% in Q4 2024.
The Open Market observed a median purchase price of £1,560,000 for 25 transactions, a decline from £1,700,000 in Q4 2024, while the four quarter average decreased by 0.4% between this period and last year. Interestingly, the total value of bonds issued during Q4 2025 amounted to £223 million, with Local Market residential purchases accounting for £161 million.
Rental prices also experienced an upward trend with the mix adjusted average rental price for Local Market properties reaching £2,162 per month, representing a 2.4% rise from Q3 2025.
Compared annually, this is a 6.1% increase over Q4 2024 and a 57.2% rise compared to five years prior.
RPI rose by 30.3% between the end of December 2020 and 2025.
Comments ()