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Jersey house prices rise 3%

BBC Radio Jersey

Average house prices in Jersey rose by 3% in 2017, latest figures from the States show.

At the end of last year, the average Jersey home was worth £465,000, an average potential profit of £14,000 for homeowners in just 12 months.

The overall number of properties being bought and sold also increased by 7%.

The number of flats sold in Jersey in 2017 jumped by more than a quarter, but house sales were down 6%, the figures show.

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