The adjusted purchase price is an adjustment to the original purchase price. Statistics Netherlands (CBS) periodically publishes the increase or decrease in house prices in the Netherlands.
By correcting the sales price with this increase or decrease, you get the indexed prices. So you can say that an indexed price is the selling price of today.
To calculate the value of a house, look at reference properties. By adjusting the selling price of the reference properties, you get a more accurate picture of the value of the property you are looking at. This way you are always up-to-date and you can compare easier houses with each other.
A calculation example:
Suppose that a reference house has been sold for 6 months for € 445,000 but that house prices have already become on average 4% more expensive in that region in the last 6 months.
We then adjust the purchase price of € 445,000 x 1.04 (4%) and that gives an adjusted purchase price of € 462,800.
Since this is an estimate, we round the number up to € 463,000. In those 6 months the house has become about € 18,000 more expensive (€ 463,000 - € 445,000).
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Is Walter only valid in the big cities?
No way! Walter is valid for any address in the Netherlands. So, wherever you’re planning to buy a house, Walter Living will help you until you’ve made the winning bid. Continue reading →
Who are the Walter Experts?
Walter experts are our in-house experts that can help you with your house hunt. With the help of data they’re here to answer all of your questions regarding the buying of a house. Continue reading →
Where does Walter Living get all its data?
All the data that are processed by Walter Living is imported from public sources, such as the Kadaster, CBS, RIVM, Rijksdienst voor het Cultureel Erfgoed, Rijksdienst voor Ondernemend Nederland, KCAF, and Open data Overheid. Continue reading →
Is there any cost or obligation if I work with Walter?
No. Walter charges zero fees until you buy a home with us. Until then, you can place an unlimited amount of offers. Most homeowners who work with us secure a winning bid in the first six weeks. Continue reading →
What’s the difference between Walter buying agent and a real estate agent?
Your Walter home-buying advisor does everything a traditional agent would do. Yet, they have a superpower: a team of data scientists and specialists behind them, helping you every step of the way. We don't join you during viewing because you can open a door yourselves, huh? Continue reading →
Can Walter help me bid on my new home?
Yes. With Walter, you always make the right offer. Plus, you know you are not paying too much, and you have an estimate of what other bidders are doing. Continue reading →
What is Walter?
Walter is the go-to source for housing market insights. We provide people like you with data in plain English, so you can make informed decisions when searching for a home. Continue reading →