Kangelaste pr 5, Narva

Kangelaste pr 5 is a 5-story apartment building constructed in 1966, located in Narva linn, comprising 77 apartments. The EHR registry code is 118000244 and cadastral ID is 51101:004:0058. Estiq reports energy class F.

The Estiq AVM model estimate is 414 €/m². The valuation range spans 320–508 €/m². The calculated fair value of a typical 2-room apartment is approximately €15 649.

Based on the 414 €/m² benchmark, a 40 sqm apartment is indicatively valued at €16 560 and a 50 sqm apartment at €20 700. Actual value depends on interior condition, floor, parking, and storage.

1-room: €9 852–€15 639; 2-room: €12 161–€19 303; 3-room: €15 283–€24 259.

The model-based indicative asking price is approximately €435/m² (for the typical 2-room unit, about €16 431), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €210–€250 per month, generating an estimated gross yield of 17,0–18,0%.

Buying means a loan payment of about €65 a month, renting €210–€250 — the loan payment is 72% below the rent. That is 5% (loan) and 17% (rent) of the median gross wage (Narva linn, €1,335, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (37.8 m²) at €15,649 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €3,130 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 226 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 65% were in the two best classes and 15% in the two worst (level: elevated). Estimated road noise at the building is 56 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 €3.09/m² per month in total including utilities; a typical flat paid €124 per month. Association fees excluding utilities were €0.81/m² per month. The association had €2 264 of loans outstanding. For comparison, the median of 23 associations in Kalevi linnaosa subdistrict was €3.29/m² per month. From 2021 to 2025 association fees changed by −33% 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.