This statistic shows the average economic value assessment (WOZ) of residential property in the Netherlands compared to the average selling price from 1997 to 2017 (in thousand euros). Municipalities in the Netherlands are responsible for implementing the Valuation of Immovable Property Act (or WOZ). They assess the value of immovable property, such as houses, by carrying out a taxation. The calculation of this WOZ value is based on the amount the property would have sold for on the reference date (January 1st of the previous year). The value is passed on to the water authorities and the Tax and Customs Administration and is being used to calculate taxes. In 2017, the average selling price for a house in the Netherlands was approximately 263,000 euros, which was higher than its average WOZ value of approximately 216,000 euros.
Average economic value assessment (WOZ) of residential property in the Netherlands compared to the average selling price from 1997 to 2017 (in 1,000 euros)
This statistic shows the average economic value assessment (WOZ) of residential property in the Netherlands compared to the average selling price from 1997 to 2017 (in thousand euros). Municipalities in the Netherlands are responsible for implementing the Valuation of Immovable Property Act (or WOZ). They assess the value of immovable property, such as houses, by carrying out a taxation. The calculation of this WOZ value is based on the amount the property would have sold for on the reference date (January 1st of the previous year). The value is passed on to the water authorities and the Tax and Customs Administration and is being used to calculate taxes. In 2017, the average selling price for a house in the Netherlands was approximately 263,000 euros, which was higher than its average WOZ value of approximately 216,000 euros.
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| Average WOZ value | Average selling price | |
|---|---|---|
| 1997 | 79 | 113.2 |
| 1998 | 79 | 124.5 |
| 1999 | 80 | 144.8 |
| 2000 | 80 | 172.1 |
| 2001 | 131 | 188.4 |
| 2002 | 132 | 199.8 |
| 2003 | 133 | 204.8 |
| 2004 | 134 | 212.7 |
| 2005 | 200 | 222.7 |
| 2006 | 201 | 235.8 |
| 2007 | 216 | 248.3 |
| 2008 | 232 | 254.9 |
| 2009 | 241 | 238.3 |
| 2010 | 242 | 239.5 |
| 2011 | 236 | 240.1 |
| 2012 | 232 | 226.7 |
| 2013 | 223 | 213.4 |
| 2014 | 211 | 222.2 |
| 2015 | 206 | 230.2 |
| 2016 | 209 | 243.8 |
| 2017 | 216 | 263.3 |
© Statista 2018
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