Skip to content
Immolytics

Method

How Immolytics builds its numbers

Every figure published here has an official source, a vintage and an update frequency. This page lists all of them.

Immolytics is an independent publisher of Belgian property data. We produce no data of our own: we take public sources, attach them to the country's 581 municipalities and publish them with their date. When a value is estimated rather than measured, the page says so where it is displayed.

The Immolytics editorial teamPage reviewed on 6 October 2026

581Municipalities covered
2010First published price year
Q2 2026Latest price quarter
CC BY 4.0Statbel data licence

Source by data point

This table is the site's reference. If a figure published elsewhere on Immolytics fits none of these rows, it should not be there.

Median sale prices

Source
Statbel, registered notarial deeds
Vintage
Q2 2026
Frequency
Quarterly, released three to four months late

Median of the period's transactions, outliers removed by the interquartile method. Below five transactions we publish no median price: the page says so.

Price per sqm

Source
Immolytics calculation on the Statbel median
Vintage
Same quarter as the prices
Frequency
Quarterly

Labelled estimate: the municipal median divided by a reference floor area. Statbel publishes sale prices, not areas, so no observed price per sqm exists in Belgian open data.

EPC classes

Source
SPW Énergie in Wallonia, Brussels Environment in Brussels, regional estimate in Flanders
Vintage
Latest available regional register
Frequency
Twice a year

No open per municipality distribution is published for Flanders: the split shown on Flemish municipalities is a regional estimate and is labelled as such.

Crime

Source
Federal police statistics
Vintage
2024
Frequency
Yearly

Offences recorded on each municipality's territory, divided by its Statbel population. A municipality merged in 2025 gets the figure of the new municipality, the only one the police still publish. We do not publish a safety score: this figure also counts offences against commuters, shoppers and visitors, while only residents are in the denominator. A ranking would therefore make any town that draws people look dangerous, Namur as much as Brussels.

Building permits

Source
Statbel, building permits
Vintage
2024
Frequency
Yearly

Authorised new builds and renovations, continuous series since 1996.

Schools

Source
Official registers of the three Communities, completed with OpenStreetMap
Vintage
Latest published school year
Frequency
Yearly

Sites and education levels. Distances are straight line, measured from the centre of the municipality.

Income and taxation

Source
Statbel and FPS Finance, tax returns
Vintage
Latest published assessment year
Frequency
Yearly

Median declared income per municipality and per statistical sector.

Neighbourhood scores

Source
OpenStreetMap, points of interest within 1 to 3 km
Vintage
Latest pipeline capture
Frequency
Recomputed during refresh campaigns, not continuously

An OSM score measures the density of what contributors mapped, not quality of life. A thinly mapped municipality is understated. The overall score is the weighted average of five scores (shops, schools, transport, green spaces, walkability), without crime.

Public auctions

Source
Biddit, the Belgian notaries' public sale platform
Vintage
Daily capture
Frequency
Daily

We record facts: municipality, property type, opening price, session dates, EPC class. Never the listing text or photographs.

Prices by neighbourhood

Source
Statbel, sales by statistical sector (TF_IMMO_SECTOR file)
Vintage
The last three published years
Frequency
Yearly, published in January

Number of sales and median price by neighbourhood, for houses and apartments. Statbel only publishes a price from 16 sales in a year; below that we only show the number of sales. A price is shown if it comes from one of the last three years, always with its year.

Age and households by neighbourhood

Source
Statbel, Census 2021 by statistical sector
Vintage
2021
Frequency
Every ten years

Average age worked out from five-year age bands, household size, share of owner households. Below 50 residents or 20 households, a neighbourhood gets no value: it would describe nothing stable.

Municipal boundaries and geography

Source
Statbel and Open Data Wallonie Bruxelles
Vintage
Municipal mergers applied
Frequency
On every legal change

NIS codes, municipal outlines, statistical sectors, coordinates.

What we do not do

A method is judged as much on what it refuses as on what it produces.

  1. We do not invent a price per sqm. The site now publishes one only as a labelled estimate, computed from the municipal median, never from an observed floor area.

  2. We do not publish a median price below five transactions. We write that the data is too thin instead.

  3. We never present an estimate as a measurement. The Flemish EPC carries the regional estimate label wherever it appears.

  4. We do not carry out individual valuations. Our tools give a municipal order of magnitude, not the value of one property.

  5. We are not an agency, a broker or a notary, and we take no commission on a sale.

  6. We do not copy public auction listing content: we extract verifiable facts and link back to the source.

From postcode to municipality

A postcode is not a municipality. Several codes cover the same municipality, and some straddle two. Every join therefore runs through the NIS code, the official municipal identifier; the postcode and locality table only routes the visitor to the right page. Municipal mergers are applied: a former entity points to its current municipality, and the page says so.

In practice: without an address, two neighbourhoods of the same town share their municipality's median price. Since September 2026, the municipality page and the estimator go down to the neighbourhood when Statbel publishes a price for it. Street by street differences cannot be measured in Belgian open data.

See prices by municipality

See the price of every municipality on the 3D map

The neighbourhood in the estimate

When you give your address, the estimator looks up your neighbourhood (Statbel's statistical sector) in your browser. The address is not sent. The calculation then changes its starting point, depending on what Statbel publishes for that neighbourhood.

  1. Your neighbourhood has a published price for your type of property in one of the last three years: the calculation starts from that median price. A terraced or semi-detached house takes the price of that type; a detached house takes the detached price if it is published, otherwise the price of all houses; an apartment takes the apartment price.

  2. That price refers to a past year. It is updated with the price change in your municipality since that year, over the quarters Statbel publishes. When the municipality's series is too short, the price stays at its year's level, and the sheet says so.

  3. The range follows the number of sales in the neighbourhood and the gap between its low and high prices (the cheapest and the most expensive quarter of sales). A neighbourhood with widely spread prices gives a wider range.

  4. Your neighbourhood has no published price: the calculation starts from the municipality's median price, adjusted by the neighbourhood's income. When the neighbourhood's median income is 10% above the municipality's, the price rises by about 5%, never by more than 10% either way.

The public auction bid ceiling

Our public auction watch computes, for every residential lot, the price above which bidding stops being worthwhile. The method is four parameters and one formula. It is published here to be argued with, not believed.

  1. Renovated value

    Municipal median for the property type, house or apartment, as published on the municipality page.

  2. Works

    Renovation budget by EPC class, in euros per sqm: 0 for A and B, 200 for C, 400 for D, 600 for E, 800 for F, 900 for G. The scale applies to the advertised habitable area, or failing that to a reference area of 140 sqm for a house and 80 sqm for an apartment.

  3. Costs

    20% acquisition costs: registration duties, public sale costs, fees.

  4. Margin

    20% safety margin, applied by dividing the result by 1.20.

The formula

ceiling = (0.8 × renovated value − works) / 1.20

How to read this ceiling

  • The ceiling does not predict the hammer price. It is the price above which the buyer works with no margin left.
  • On the first batch of closings, the final price exceeded our ceiling 44 times out of 47. The conclusion is not that the calculation is wrong: most lots sell above the price that still leaves a renovation margin.
  • An exceeded ceiling therefore flags a lot to walk away from, not a flaw in the method. The three lots that stayed below the ceiling are exactly what the watch exists to find.

The limits we accept

  • The municipal median is a blunt benchmark: a large estate and a ruin both depart from it, each on its own side.
  • The works scale is a flat rate. It gives an order of magnitude, it does not replace a quote.
  • The ceiling does not say a lot is worth buying. It says above which price it no longer is.
  • Change one parameter and the conclusion changes. That is why the calculation is published rather than kept.

Why these figures can be checked

All our sources are public and free. Each link leads to the original dataset: a figure from this site must be findable there.

Mistakes remain possible. If a figure looks wrong to you, write to us: we correct it, or we explain why we keep it.

Frequently asked questions about our data

From registered notarial deeds, compiled and published by Statbel under a CC BY 4.0 licence. We show the municipal median by property type and quarter, with no processing other than removing outliers.
Because Belgian open data contains no floor area. Statbel publishes sale prices, not square metres. Our price per sqm is therefore the municipal median divided by a reference area, and it is labelled as an estimate wherever it appears.
Wallonia and Brussels publish a per municipality distribution of certificates, Flanders does not. On Flemish municipalities the split shown is a regional estimate and is labelled as such. We would rather write it than let a municipal measurement be assumed.
Prices follow Statbel's quarterly calendar, with a three to four month publication lag. Permits, crime, income and schools are yearly. Public auctions are captured every day. The frequency of each source is in the table above.
Renovated value equal to the municipal median for the property type, minus a works budget by EPC class of 0 to 900 euros per sqm, all of it after 20% acquisition costs and a 20% safety margin. The full formula is published on this page.
No. Immolytics is not an estate agency, a notary or a credit intermediary, and takes no commission on a sale or on a loan. The site is funded by subscriptions, by introductions that professionals (estate agencies, valuers, credit brokers) pay for at a fixed price, and by partner links, always disclosed as such.
No. Immolytics is not a credit intermediary and is not registered with the FSMA as one. It does not present, offer or prepare any credit agreement, and shows no bank offer. If you ask for it at the end of a buying tool, Immolytics passes your details to a single mortgage broker registered with the FSMA, who calls you back. The FSMA calls this a client referrer. The broker pays Immolytics a fixed fee for this introduction, which does not depend on whether you take out a loan.

Explore your municipality's data

Median prices, EPC classes and trends for all 581 Belgian municipalities.