Sunday 17 October 2021

Official property values rose 7% last year, but just 1.2% in Amsterdam

WOZ values are used to determine local council tax, such as for rubbish collection. Photo: Deborah Ferraz

The average official value of Dutch homes rose 7% last year to €290,000, according to calculations by national statistics agency CBS.

The WOZ value, which is used to calculate local authority taxes, always lags at least a year behind actual house price rises.

Rotterdam booked the biggest rise of the big four cities, with 11.4%. By contrast in Amsterdam, official property values rose just 1.2%, well below the national average.

The leafy town of Bloemendaal has the highest average WOZ value, at €778,000. The lowest is once again in Pekela in Groningen, where the average is just €148,000.

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