5.31 THE MARKET VALUES OF FREEHOLD FARMS - DATA

Data ID

Description:

Market values of farms based on about 2000 transactions in the last 10 years

Chapter:

5 Land and History

File name:

farm transactions

File type:

Arcview shapefile

Geographical area:

Namibia

Keywords:

farm

value

freehold

land

commercial

Notes on data, analysis and

Based on data on about 2,000 farm sales over the past 10 years assembled by the Social Science Division of the

compilation:

University of Namibia and kindly made available to the Atlas Project by Ben Fuller. Some additional data were obtained

from the Ministry of Lands, Resettlement and Rehabilitation. The data were cleaned to exclude those with no

transaction prices, erroneous values etc. and all were adjusted (using the consumer price index) to be equivalent to prices

in 2000. The following outliers were excluded:

Ha < 1000

Total price N$ > 10 000 000

price/ha < 5 N$ (23 records)

price/ha > 1000 N$ (11 records)

Data were matched (using farm name/ number etc.) to farm polygons in the farms shapefile (Fig 5.32) and these are

depicted in this shapefile.

Data quality and organisation

Positional Accuracy:

1:100 000 scale; 50 - 250 m positional accuracy

Vector/Raster:

Vector

Spatial reference

Projection:

Geographic

Fields

Field name

Field description

MAP_CODE

code used to join transaction data with the farms shapefile

ID	unique polygon ID

SOURCE

Ben Fuller (Unam) or MLRR

DATE	Date of transaction

BUYER

buyer of the farm

SELLER

seller of the farm

PRICE

sale price (N$)

HA	Area of the farm sold(ha)

PRICE_HA

selling price per ha (N$)

ADJ_PRICE

selling price per ha adjusted to 2000 prices

Source/Distribution

Data Source:

Social Science Division, University of Namibia

Contact:

Ben Fuller

Online/Offline Address:

Social Science Division,

University of Namibia

Private Bag 13306

Windhoek

Distribution notes:

Unrestricted