The average official value of Dutch property has risen for the first time since 2010, the national statistics office CBS said.
In January, the average value (WOZ) had risen 1.5% to €209,000 compared with the previous year. In 2010, the average value was €242,000.
The WOZ value of property is used to determine local government taxes, such as waste disposal charges and water rates.
WOZ values rose most – 9% – in Amsterdam but are highest in Utrecht, at €243,000. Properties in Groningen province have the lowest average WOZ values, at just €155,000.
WOZ value developments are based on house prices in the previous year, and so trail market developments.
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