Loopargi tee 3, Jõelähtme

Loopargi tee 3 is a 5-story apartment building constructed in 1983, located in Loo alevik, comprising 60 apartments. The EHR registry code is 116003841 and cadastral ID is 24504:002:0097. Estiq reports energy class B.

The Estiq AVM model estimate is 2 379 €/m². The valuation range spans 2 091–2 667 €/m². The calculated fair value of a typical 2-room apartment is approximately €125 611.

Based on the 2 379 €/m² benchmark, a 40 sqm apartment is indicatively valued at €95 160 and a 50 sqm apartment at €118 950. Actual value depends on interior condition, floor, parking, and storage.

1-room: €72 240–€92 128; 2-room: €106 439–€135 743; 3-room: €132 705–€169 240.

The model-based indicative asking price is approximately €2 498/m² (for the typical 2-room unit, about €131 892), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €590–€720 per month, generating an estimated gross yield of 5,7–6,7%.

Buying means a loan payment of about €519 a month, renting €590–€720 — the loan payment is 21% below the rent. That is 31% (loan) and 40% (rent) of the median gross wage (Jõelähtme vald, €1,657, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (52.8 m²) at €125,611 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €25,122 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 12 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 72% were in the two best classes and 7% in the two worst (level: moderate). Estimated road noise at the building is 56 dB (Lden). Radon in soil gas: high (50–100 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €4.05/m² per month in total including utilities; a typical flat paid €206 per month. Association fees excluding utilities were €2.47/m² per month, of which €0.28/m² to the repair fund. The association had €851 239 of loans outstanding. From 2022 to 2025 association fees changed by +74% in total. See the association figures.

No. For a mortgage the bank needs a certified valuer's report under EVS 875 — order a valuation.

Median error is 9.5% in Tallinn and 12.1% elsewhere in Estonia; 83% of Tallinn estimates fall within ±20% (blind test, May–September 2026). Atypical properties have larger errors — see the methodology.

Sale prices — notarised apartment sales, Maa- ja Ruumiamet; estimates — the Estiq AVM model; rents — Estiq market database (24 months); wages — Statistics Estonia (PA117); building data — building register (EHR); association costs — housing associations' annual reports; noise and air — national noise maps and air monitoring. Figures refresh with every data load and each states its period and sample — see the methodology.