Facts on the statistics on prices for productive forest land
The statistics are based on purchase price information from all ordinary transactions from the Property Price Register during the year (property type codes 110 and 120) for agricultural properties where the title registration has been approved and where the forest value without harvesting restrictions accounts for more than 33 percent of the 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 calculated 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 term refers to forest land which, according to established assessment principles, can produce at least 1 cubic metre of timber per hectare and year, and which does not have harvesting restrictions. A harvesting restriction is indicated in the property tax assessment and generally refers to formally protected land.
Average forestry value
Average forestry value is a component of the assessed value for agricultural units, determined through general or simplified property assessments. The data on forestry value are based on the most recent available property assessment.
Number of purchases
Refers to the number of property transactions forming the basis for the calculated price within each reporting 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
This category 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 joint purchases made by several entities where some, but not all are individuals.