Facts on the statistics on prices for productive forest land
The statistics are based on registered purchases from the Property price register and refers to productive forest land without harvesting restrictions where the forest value represents 34–100 percent of the total assessed value.
Definitions and explanations
Average price
The average price per hectare refers to the price attributable to productive forest land. This price has been calculated by multiplying the purchase price by the proportion of the assessed forestry value relative to the total assessed value of the property. The resulting amount has then been divided by the forest land area. For example, if the forest value accounts for 75 percent of the total assessed value, then 75 percent of the purchase price is assumed to refer to the forest land area.
Productive forest land without harvesting restrictions
The forest land referred to is that which, according to accepted assessment criteria, can produce an average of at least 1 m³ of timber per hectare per year and which does not have harvesting restrictions. Harvesting restrictions are stated in the property valuation and are usually formally protected land.
Average forestry value
Average forestry value is a partial value of the assessed value for agricultural units that is determined in general and simplified property assessments. Information on forestry value is based on the latest available property assessment.
Number of purchases
Number of purchases refers to the number of purchases on which the calculated price is based for each accounting group.
Average area
Average area refers to the average area of productive forest land for the purchases included.
Average purchase price
The average purchase price refers to the average price paid for the purchases included.
Buyer category
Individuals
Individuals refers to the legal entity types natural persons, partnerships, limited partnerships, undivided estates of deceased persons, and cases where the legal form has not been determined.
Others
Buyers other than individuals, are reported in the group Others. This also includes purchases made by several entities where some, but not all are individuals.