Kraavi tänav 7, Narva

Kraavi tn 7 is a 4-story apartment building constructed in 2008, located in Narva, comprising 10 apartments. The EHR registry code is 120531993 and cadastral ID is 51101:002:0030. Estiq reports estimated energy class C.

The Estiq AVM model estimate is 403 €/m². The valuation range spans 312–494 €/m². The calculated fair value of a typical 4-room apartment is approximately €36 863.

Based on the 403 €/m² benchmark, a 50 sqm apartment is indicatively valued at €20 150 and a 75 sqm apartment at €30 225. Actual value depends on interior condition, floor, parking, and storage.

2-room: €17 320–€27 493; 3-room: €20 761–€32 955; 4-room: €27 161–€43 114.

The model-based indicative asking price is approximately €394/m² (for the typical 4-room unit, about €38 706), allowing a 3–5% negotiation buffer.

A 4-room apartment in good condition has an estimated market rent of €650–€800 per month, generating an estimated gross yield of 23,1–18,0%.

Buying means a loan payment of about €152 a month, renting €650–€800 — the loan payment is 79% below the rent. That is 11% (loan) and 54% (rent) of the median gross wage (Narva linn, €1,335, Q2 2026, Statistics Estonia). Assumes the typical 4-room flat (98.3 m²) at €36,863 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €7,373 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 91 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 73% were in the two best classes and 10% in the two worst (level: elevated). 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 €2.37/m² per month in total including utilities; a typical flat paid €177 per month. Association fees excluding utilities were €1.11/m² per month. The repair fund held €3 756 at year end. The association had no loans. For comparison, the median of 46 associations in Vanalinna linnaosa subdistrict was €3.26/m² per month. From 2021 to 2025 association fees changed by +84% in total; the repair fund went from €0 (2023) to €3 756 (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.