This statistic shows the average economic value assessment (WOZ-waarde) of residential property in the Netherlands compared to the average selling price from 1997 to 2019 (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 2019, the average selling price for residential property in the Netherlands was approximately 287,000 euros, which was higher than its average WOZ value of approximately 307,000 euros.
Average economic value assessment (WOZ) of residential property in the Netherlands compared to the average selling price from 1997 to 2019
(in 1,000 euros)
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Centraal Bureau voor de Statistiek. (April 22, 2020). Average economic value assessment (WOZ) of residential property in the Netherlands compared to the average selling price from 1997 to 2019 (in 1,000 euros) [Graph]. In Statista. Retrieved January 22, 2022, from https://www.statista.com/statistics/589296/average-woz-value-and-average-selling-price-houses-the-netherlands/
Centraal Bureau voor de Statistiek. "Average economic value assessment (WOZ) of residential property in the Netherlands compared to the average selling price from 1997 to 2019 (in 1,000 euros)." Chart. April 22, 2020. Statista. Accessed January 22, 2022. https://www.statista.com/statistics/589296/average-woz-value-and-average-selling-price-houses-the-netherlands/
Centraal Bureau voor de Statistiek. (2020). Average economic value assessment (WOZ) of residential property in the Netherlands compared to the average selling price from 1997 to 2019 (in 1,000 euros). Statista. Statista Inc.. Accessed: January 22, 2022. https://www.statista.com/statistics/589296/average-woz-value-and-average-selling-price-houses-the-netherlands/
Centraal Bureau voor de Statistiek. "Average Economic Value Assessment (Woz) of Residential Property in The Netherlands Compared to The Average Selling Price from 1997 to 2019 (in 1,000 Euros)." Statista, Statista Inc., 22 Apr 2020, https://www.statista.com/statistics/589296/average-woz-value-and-average-selling-price-houses-the-netherlands/
Centraal Bureau voor de Statistiek, Average economic value assessment (WOZ) of residential property in the Netherlands compared to the average selling price from 1997 to 2019 (in 1,000 euros) Statista, https://www.statista.com/statistics/589296/average-woz-value-and-average-selling-price-houses-the-netherlands/ (last visited January 22, 2022)
