The first ever ‘Alderney Residential Property Stock and Prices bulletin’ has been published – shining a light on housing costs in the most northerly Channel Island.
It may not have the flashiest of names, but this is the first time the States of Alderney have published these statistics in one document – following in Guernsey’s footsteps.
While property prices remain lower in comparison to Guernsey, Alderney is also suffering from a ‘housing crisis’ with a reported shortage of residential rental units.
As in Guernsey, purchase prices have started to settle in Alderney after rising in the covid-era.
Unlike in Guernsey, the States of Alderney have been unable to give average prices for either purchasing or renting a property because of the small number of transactions involved.
2024
Last year Alderney saw a 1% drop in the ‘mix-adjusted average purchase price index’ for houses and bungalows, compared to 2023. However the prices still remain 7% higher than they were in 2019.
Unlike the Guernsey Property Price Bulletin, the Alderney version did not specify an average house price, so Express contacted the States to find out why.
It was explained that the omission is down to the large difference in prices for properties in Alderney.
For example, of the 52 properties sold in 2024 the cheapest went for just £7,000, whilst the most expensive was purchased for £1,130,000.
A spokesperson for the States Data and Analysis team suggested this can provide inaccurate averages.
“Due to the changing mix of leasehold and freehold and very low number of apartment transactions, the sales in any one year may not give a good representation of prices across all types of properties in Alderney, so we did not feel that it was appropriate to present an average price.
“However, there were enough in certain categories each year to track changes on a fairly like-for-like basis, so that is what we focussed in on.”
The States of Alderney did give Express the full figures for all 52 property transactions in Alderney last year.
Using these figures we worked out the ‘average’ and ‘median’ costs which came to broadly similar values.
The average price of a property sold in Alderney in 2024 was £251,871.33, whilst the median was £225,000.
Whilst we don’t have previous figures to compare these to, as it’s the first time this bulletin has been published in Alderney, we can compare the purchase prices to elsewhere in the Bailiwick and Channel Islands.
Guernsey
The mix adjusted average purchase price for Local Market properties in Guernsey was £580,412 at the end of March this year. That number reflects a recent slump in overall purchase prices.
In fact the average purchase price for a local market property dropped by 3.1% in a year up to March 2025, and 3.9% over the first quarter of this year.
Guernsey’s Open Market showed an opposite trend to the local market, with the raw median price climbing by almost half a million pounds over the past year.
Rental prices on the local market were up 8.2% over the past year – and up a whopping 51.7% compared with 2020.
You can read more about Guernsey’s Prices HERE.
Pictured; The amount of sales saw a spike following covid, before a slump, and now another increase. (Courtesy of the Alderney Residential Property Stock and Prices bulletin.) 
Pictured; Fewer houses on the cheaper side were sold this year, with a big increase in properties over £400k. (Courtesy of the Alderney Residential Property Stock and Prices bulletin.)
Jersey
Property prices are calculated differently in Jersey but an ‘average price’ for an ‘average property’ was 3% lower earlier this year than it was at the start of last year.
Released by Statistics Jersey, the House Price Index report covering the first three months of 2025 also showed a 90% increase in the number of properties sold, compared to the same period in 2024.
The average price of a property was calculated at being £569,000 – with a one-bedroom flat costing around £308,000, and a two bedroom house costing around £571,000.
Advertised rental prices in Jersey were 1% lower when compared with the previous quarter.
Alderney properties
The Alderney Residential Property Stock and Prices bulletin also shines a spotlight on what types of properties are being purchased in the island as well as who by.
Fewer than half of all properties in Alderney provide a home directly for their owner – with nearly half rented out, and others left empty for periods of time while their owners are residing elsewhere.
As of March 31 2025, there were 1,510 domestic properties in Alderney. Of those 47% are ‘Owner Occupied’ (707 units), whilst 45% (681 units), are rented out.
Of these, 36% (which is 16% of all housing), have owners whose primary address is not in Alderney.
It’s not currently known how many of these properties are rented to local residents, used as second homes, or are vacant.
Just 5% (68 units) of properties in Alderney are affordable housing options provided by the States and the Alderney Housing Association. They are allocated to tenants based on household income.
The remaining 4% (54 units) includes guest houses, staff accommodation, and self-catering units.
Houses make up the largest share of residential properties in Alderney at 42% (640 units).
These are typically two or more storeys, not within a larger building, and can be detached, semi-detached, or terraced.
Bungalows account for 37% (563 units), and apartments represent 19% (293 units).
1% (14 units) of all residential properties in Alderney are buildings not originally designed for domestic use but which have since been converted.