Kellamäe tänav 12, Maardu

Kellamäe tn 12 is a 5-story apartment building constructed in 1986, located in Maardu, comprising 60 apartments. The EHR registry code is 116033521 and cadastral ID is 44603:003:0470. Estiq reports energy class D.

The Estiq AVM model estimate is 1 863 €/m². The valuation range spans 1 638–2 088 €/m². The calculated fair value of a typical 1-room apartment is approximately €64 157.

Based on the 1 863 €/m² benchmark, a 40 sqm apartment is indicatively valued at €74 520 and a 50 sqm apartment at €93 150. Actual value depends on interior condition, floor, parking, and storage.

1-room: €56 394–€71 920; 2-room: €86 300–€110 060; 3-room: €104 515–€133 289.

The model-based indicative asking price is approximately €2 054/m² (for the typical 1-room unit, about €67 365), allowing a 3–5% negotiation buffer.

A 1-room apartment in good condition has an estimated market rent of €320–€400 per month, generating an estimated gross yield of 6,2–7,2%.

Buying means a loan payment of about €265 a month, renting €320–€400 — the loan payment is 26% below the rent. That is 17% (loan) and 23% (rent) of the median gross wage (Maardu linn, €1,575, Q2 2026, Statistics Estonia). Assumes the typical 1-room flat (32.8 m²) at €64,157 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €12,831 down payment; rent from nearby offers; association and state fees excluded.

Air: of the last 12 months' hourly readings, 79% were in the two best classes and 5% in the two worst (level: moderate). Estimated road noise at the building is 50 dB (Lden). Radon in soil gas: high (100–150 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.20/m² per month in total including utilities; a typical flat paid €158 per month. Association fees excluding utilities were €0.65/m² per month, of which €0.16/m² to the repair fund. The repair fund held €25 899 at year end. The association had no loans. From 2022 to 2025 association fees changed by −21% in total; the repair fund went from €43 658 (2022) to €25 899 (2025). 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.