Rental yields in Guernsey
Gross yield is a year of the median local rent over the median local asking price. It is a rough guide to how the two markets sit relative to each other, and today the widest gap is in St Martin's at 6.8%. It is not a return: it takes no account of costs, voids, tax or what the place actually sells for.
By size
| Bedrooms | Median asking price | Median rent | Gross yield |
|---|---|---|---|
| 1 bed | £369,000 | £1,900 pcm | 6.2% |
| 2 bed | £525,000 | £2,150 pcm | 4.9% |
| 3 bed | £760,000 | £3,250 pcm | 5.1% |
| 4 bed | £995,000 | £5,000 pcm | 6% |
By area
| Area | Median asking | Median rent | Gross yield |
|---|---|---|---|
| St Martin's | £885,000 | £5,000 pcm | 6.8% |
| St Sampsons | £600,000 | £2,500 pcm | 5% |
| St Peter Port | £605,000 | £2,350 pcm | 4.7% |
| Vale | £789,000 | £3,000 pcm | 4.6% |
| St Sampson's | £749,000 | £2,100 pcm | 3.4% |
| Castel | £845,000 | £1,800 pcm | 2.6% |
While you are here
History
Has Guernsey property ever actually fallen?
Yes — 2016 was down 4.1% on the year. Across the whole series the index has gone from 100 in 1995 to 591.2, but it has not been a straight line.
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How people behave
How long do people keep a home here?
Half of all repeat sales are 3.1–9.9 years apart, with a median of 5.5 years. That is how often a given address comes back to the market.
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Asking prices
Are sellers in Guernsey asking more than the market has moved?
On the 246 homes for sale that also appear in the sold register, the median asks 9.8% more than the index says its own last sale is now worth. 182 are above the index, 64 below.
What would make this wrong: The index cannot see what has been done to a house between sales. A property extended since it last sold should ask more than the index says, and plenty have been.
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Everything the data says about Guernsey
More ways into Guernsey
Yields outside 1–12% are suppressed everywhere on this site: they are almost always a holiday let priced by the night being read as a monthly rent. Asking prices, not achieved ones — the price index is built from what people actually paid.