Ringi tänav 31, Maardu

Ringi tn 31 is a 5-story apartment building constructed in 1974, located in Maardu, comprising 84 apartments. The EHR registry code is 116033608 and cadastral ID is 44603:003:0103. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 1 478 €/m². The valuation range spans 1 299–1 657 €/m². The calculated fair value of a typical 2-room apartment is approximately €69 909.

Based on the 1 478 €/m² benchmark, a 40 sqm apartment is indicatively valued at €59 120 and a 50 sqm apartment at €73 900. Actual value depends on interior condition, floor, parking, and storage.

1-room: €38 607–€49 236; 2-room: €59 761–€76 215; 3-room: €72 718–€92 738; 4-room: €90 043–€114 832.

The model-based indicative asking price is approximately €1 552/m² (for the typical 2-room unit, about €73 404), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €400–€490 per month, generating an estimated gross yield of 7,1–8,1%.

Buying means a loan payment of about €289 a month, renting €400–€490 — the loan payment is 35% below the rent. That is 18% (loan) and 28% (rent) of the median gross wage (Maardu linn, €1,575, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (47.3 m²) at €69,909 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €13,982 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 2 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 80% were in the two best classes and 4% in the two worst (level: moderate). Estimated road noise at the building is 50 dB (Lden). Radon in soil gas: low (10–30 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, a typical flat paid the association €158 per month, plus utilities. Association fees excluding utilities were €3.69/m² per month. The repair fund held €54 598 at year end. The association had €133 811 of loans outstanding. From 2021 to 2025 association fees changed by +495% in total; the repair fund went from €14 522 (2021) to €54 598 (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.