Grote Markt 48B
Binnenstad-Zuid, Groningen
NeighbourhoodA historic apartment on the Grote Markt
This apartment sits right on the Grote Markt, the beating heart of Groningen's historic centre. The building dates from 1450, making it one of the oldest addresses in the city. With a price of €495,000, the asking price is 57% below the average asking price of €1,150,451 for homes in the neighbourhood, which puts it on the low side compared to the local market. For context, the average price per m² in the neighbourhood is €5,515, while this home asks €6,266 per m² based on the BAG floor area. If you are looking for apartments in Groningen, this one stands out for its central location and historic character.
The home itself
The apartment has a living area of 79 m² according to the BAG registration. The energy label is A+, which is an efficient label. The home was built in 1450, so it carries centuries of history. The listing does not provide details on the layout, number of rooms, or outdoor space, so those aspects remain unknown.
Living in Binnenstad-Zuid
Binnenstad-Zuid is the lively heart of Groningen, where historic buildings meet a bustling student population. Residents give the neighbourhood an average score of 7.63 out of 10, based on four reviews. One resident says: "People are friendly, I enjoy living here." Another notes: "There's the occasional stabbing here and there, but otherwise has everything you need. Lots of nice people and shops. Enjoy living here. Can be noisy at night though." A third resident adds: "Nice neighbourhood and almost everything within walking distance. The only pity is that there is little to no greenery in the street/neighbourhood." The neighbourhood has 6,975 inhabitants, with a high proportion of young adults aged 15 to 25. For more details, see the Binnenstad-Zuid neighbourhood.
Amenities and transport
Daily life here is remarkably convenient. The Albert Heijn supermarket is just around the corner, and another Albert Heijn and an Ekoplaza are a couple of streets away. The St. Michaëlschool primary school is a five-minute walk, and the H.N. Werkman Stadslyceum secondary school is also within walking distance. The De Stadshuisarts GP practice is a couple of streets away, and the Service Apotheek Centrum pharmacy is just around the corner. For public transport, the bus stop Groningen, Zuiderdiep is a couple of streets away, served by many lines including 1, 3, 4, 5, 6, 7, 8, 9, 10, 11, 19, 61, 63, 65, 76, 163, 165, 178, 400, 404, 406, 409, 410, 417, 418, and 471. The train station Groningen is a ten-minute walk. All of this is within the municipality of Groningen.
WOZ value and address data
The WOZ value of the home is €342,000, with a reference date of 1 January 2025. The asking price is 45% above the WOZ value. According to public address data, the noise level from road traffic is 56 dB Lden, which is above the noise standard, while railway and aircraft noise are below the standards. The foundation risk indication is elevated, based on the building year of 1450 and clay soil, and this is an area-level indication, not an inspection of this specific home. The pluvial flooding risk is elevated, while the current flood risk is low, and heat stress is expected to become medium by 2050. These are all area-level indications.
Source
At the time of writing, the home is offered only via 050Wonen.
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The WOZ value is set annually by the municipality with 1 January as its reference date, and therefore lags the market by about a year. It is an estimated market value, not a sale price.
Frequently asked questions
About Grote Markt 48B, Groningen
How does the asking price compare to the WOZ value?
The asking price of €495,000 is 45% above the WOZ value of €342,000, which was determined on 1 January 2025. The WOZ value is the municipal valuation for tax purposes, not the current market value. The difference between the asking price and the WOZ value is a fact you can weigh yourself.
What is the energy label of this apartment?
The energy label is A+, which is an efficient label. This means the home is likely to have relatively low energy costs compared to less efficient labels. Note that the energy label does not say anything about the structural condition of the building, which dates from 1450.
What is the living area of this apartment?
According to the BAG registration, the living area is 79 m². The listing does not provide details on the number of rooms, bedrooms, or bathrooms. The price per m² is €6,266, based on the BAG floor area.
What is the foundation risk for this address?
The foundation risk indication is elevated, according to public data. This is an area-level indication, not an inspection of this specific home. The building dates from 1450 and is on clay soil, which may involve wooden piles or a shallow foundation. The groundwater level is expected to drop towards 2050, which can increase risk for wooden foundations.
How noisy is it at this address?
The noise level from road traffic is 56 dB Lden, which is above the noise standard. Railway noise is 34 dB Lden and aircraft noise is 18 dB Lden, both below the standards. These are area-level indications from public data, not measurements at the property itself.
What supermarkets are nearby?
There are several supermarkets within a short walk. The nearest Albert Heijn is about 229 metres away, another Albert Heijn is 234 metres, and an Ekoplaza is 323 metres. A Jumbo is 335 metres away. This makes daily grocery shopping very convenient.
Which schools are close to this apartment?
The St. Michaëlschool primary school is about 272 metres away. For secondary education, the H.N. Werkman Stadslyceum is 457 metres away, and the Praedinius Gymnasium is 475 metres away. There are also other schools within a short distance.
What public transport options are available?
The bus stop Groningen, Zuiderdiep is about 313 metres away, served by many lines including 1, 3, 4, 5, 6, 7, 8, 9, 10, 11, 19, 61, 63, 65, 76, 163, 165, 178, 400, 404, 406, 409, 410, 417, 418, and 471. The train station Groningen is about 800 metres away.
What is the neighbourhood like?
Binnenstad-Zuid is a lively neighbourhood in the centre of Groningen. Residents rate it 7.63 out of 10 on average, based on four reviews. One resident mentions friendly people, another notes it can be noisy at night, and a third appreciates that almost everything is within walking distance but misses greenery.
How does the price per m² compare to the neighbourhood average?
The asking price per m² is €6,266, based on the BAG floor area of 79 m². The average asking price per m² for homes currently for sale in the neighbourhood is €5,515. So this apartment is priced higher per m² than the neighbourhood average.
Experiences from Binnenstad-Zuid
How residents experience their neighbourhood
People are friendly, I enjoy living here.
Auto-translated to English by AIThere's the occasional stabbing here and there, but otherwise has everything you need. Lots of nice people and shops. Enjoy living here. Can be noisy at night though.
Auto-translated to English by AINice neighbourhood and almost everything within walking distance. The only pity is that there is little to no greenery in the street/neighbourhood.
Auto-translated to English by AIA nice location in terms of all amenities. The station is nearby and within a few minutes' walk you are also at one of the markets or the Herestraat (centre). However, this is also where the red light district (my neighbourhood) is located, where there is a bit more crime. This is managed with preventive measures and police that are quick on their feet. Other than that, there are also beautiful old houses in this neighbourhood and I have a pleasant street in terms of neighbours.
Auto-translated to English by AIThe Praediniussingel in Groningen is a beautiful and quiet street with lots of greenery and beautiful architecture. It is a perfect place, you have all the necessary amenities thanks to the nearby Westerhaven. Even though it is close to the city, you don't experience the hustle and bustle of the city. The area is safe and clean, and there are several nice parks and shops in the neighbourhood.
Auto-translated to English by AIStatistics for Binnenstad-Zuid
Figures on residents, liveability and the housing market
| Sale price | €1,092,997 | €415,000 |
|---|---|---|
| Sale per m² | €5,499 | – |
| Rent price | €1,864 p/m | €1,750 p/m |
| Rent per m² | €21 p/m | – |
Experiences from Centrum
How residents experience their district
People are friendly, I enjoy living here.
Auto-translated to English by AIActually, everything is just fine. There are several eateries in the neighbourhood, supermarkets are close by, bus stops, you can park your bike easily, and with the city beach there is also a beautiful and well-known green area.
Auto-translated to English by AIThis is a test experience with the neighbourhood that is long enough to meet the minimum length requirements for a good review.
Auto-translated to English by AIReally great! All amenities are within walking distance, including a small park. You're in the city centre in no time. Nothing to complain about really
Auto-translated to English by AIYoung and old live here. Lively neighbourhood with many cafes and restaurants and you can walk into the city centre in no time.
Auto-translated to English by AII have really enjoyed living here from the start. Young and old live here and it is very green. You can easily walk into the city centre and there are many eateries in the area.
Auto-translated to English by AIThe neighbourhood is cosy and quiet. The park is easily accessible and the people in the area are friendly, but there is often litter on the streets, which is a shame.
Auto-translated to English by AII personally experience little cohesion in the neighbourhood. Nevertheless, it is a cosy spot, lots of nice houses, easily accessible. Just a bit lacking in green & not always very clean.
Auto-translated to English by AIStatistics for Centrum
Figures on residents, liveability and the housing market
| Sale price | €663,695 | €427,285 |
|---|---|---|
| Sale per m² | €5,121 | – |
| Rent price | €1,769 p/m | €1,569 p/m |
| Rent per m² | €18 p/m | – |
Experiences from Groningen
How residents experience their municipality
Ik woon hier nu, met ups en downs qua lawaai/herrie, nu 12,5 jaar. Altijd gekozen om hier toch te blijven, gezien de fijne buren en nette straat, met de mooie Hamburgervijver om de hoek waar ik graag eens zit te relaxen. Alle voorzieningen vlakbij en bushalte aan de kade, ideaal als je vaak en graag reist :). Ik voel me hier onderhand erg veilig, in al die tijd alleen eens een brand geweest maar verder kun je hier rustig je leventje leven, veelal hoog opgeleide buren, wat prettig is in het contact. Ik ben blij dat ik hier nog steeds woon.
Auto-translated to English by AIMooie huizen, goede voorzieningen, rustig, zo in de stad. toppp
Auto-translated to English by AIPeople are friendly, I enjoy living here.
Auto-translated to English by AIThere is always something to do. There are supermarkets and plenty of other shops, cafeterias, fresh bread from the bakery. Market once a week, a nice park with ponds for fishing.
Auto-translated to English by AIFine, it's safe to cycle home in the evening but it's not super either. And there is a huge piece of nature
Auto-translated to English by AIActually, everything is just fine. There are several eateries in the neighbourhood, supermarkets are close by, bus stops, you can park your bike easily, and with the city beach there is also a beautiful and well-known green area.
Auto-translated to English by AIEverything in the neighbourhood: shops, sports facilities, schools, community centres. So something for everyone.
Auto-translated to English by AIThere is a shopping centre opposite here so I always have something to see and never get bored
Auto-translated to English by AIStatistics for Groningen
Figures on residents, liveability and the housing market
| Sale price | €466,494 | €381,426 |
|---|---|---|
| Sale per m² | €4,222 | – |
| Rent price | €1,380 p/m | €1,320 p/m |
| Rent per m² | €19 p/m | – |
Location and amenities
Grote Markt 48B, Groningen
Risks and environmental factors
Noise, foundation and climate around this address
Noise levels
Foundation risk
Rainwater flooding
Flooding
Heat stress
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