If you buy a house, the price may change over time due to inflation. Indexing the purchase price adjusts the price in line with inflation, thus preserving the value of the house.
What is an indexed purchase price?
The indexed price is a correction to the original sale price. CBS periodically publishes the increase or decrease in house prices in the Netherlands. Indexed prices are generated by correcting the selling price. So, an indexed price is the purchase price today.
On our site, you will find updated sale prices. For example, you will see the indexed sale prices and the actual purchase price in Walter buying service. The indexed price is a correction to the original sale price based on the CBS Index.
How is the indexed purchase price calculated?
The indexed purchase price is calculated by first determining the original purchase price of the house and multiplying it by an inflation rate. This inflation rate represents the house's price change when the buyer owns it. For example, if the house was bought two years ago, the inflation rate is calculated by comparing the price of the house today with the price of the home two years ago.
Why is the indexed purchase price important?
The indexed purchase price is essential because it reflects a more realistic house price. It helps buyers make a more informed decision about buying the house because it takes into account inflation and other elements that will change the value of the home over time.
Buying a home?
Book your free orientation call with a Walter advisor. We will take you through the process of buying your next home.Book a call — it's free
The conveyance date is the date that buyers and sellers include in the preliminary purchase agreement to determine when the property is transferred from sellers to buyers at the notary. Continue reading →
A building report is an essential document that provides valuable information about the condition of a property. It is a detailed analysis of the structure and identifies any defects, faults, or potential issues that may need attention. Continue reading →
In the Netherlands, when buying a house, a preliminary purchase agreement, or "voorlopige koopovereenkomst" in Dutch, is typically signed by the buyer and the seller before the actual sale takes place. Continue reading →