Average WOZ value residential real estate Netherlands 1997-2019, by province

Published by Statista Research Department, Nov 22, 2022
In 2018, the average WOZ value (in Dutch: WOZ-waarde) of residential property in the province of Groningen would be worth an average of 165,000 euros. The WOZ value (in Dutch: Waarde Onroerende Zaken, or Real Estate Valuation Law) indicates the valuation of one's property in the Netherlands. Dutch municipalities determine this value of immovable property every year by carrying out a taxation, with the valuation report listing the properties used to calculate the WOZ value. The municipality bases the WOZ value on the amount the property would have sold for on January 1st of the previous year. Certain taxes, such as real estate tax and water system levy for owners, are based upon this value. Since October 2016, the WOZ value of residential real estate in the Netherlands are publicly visible and accessible for every Dutch resident. . On average, the price index of the WOZ value was higher than that of the selling prices of houses in the Netherlands.

Average WOZ value or WOZ-waarde of residential real estate in the Netherlands from 1997 to 2019, by province (in 1,000 euros)

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Release date

September 2019

Region

Netherlands

Survey time period

1997 to 2019

Special properties

* the numbers provided are provisional; WOZ value is a value based on property taxation, not property prices

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