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Estiq Value / Narva / Narva linn / Kreenholmi mnt / Kreenholmi mnt 23
✓ Verified May 1, 2026 Narva linn · Narva

Kreenholmi mnt 23, Narva

Built in 1974, this 5-story residential building is located in Narva linn linnaosa · 61 apartments · energy class D.

Kreenholmi mnt 23, Narva hoone ja korterite väärtuskaart
5 floors 61 apartments EHR 118000372 ↗ Cadastre 51105:004:0081 100% Residential Land (Freehold)

Estiq consolidates apartment price levels, AVM valuation, market trends, micro-location, living environment, EHR technical parameters, and official registry certificates in one view.

Value your apartment in this building → Consult a Narva linn specialist

Automated Market Valuation & Building Benchmark

Kreenholmi mnt 23 is a 5-storey residential building built in 1974, with 61 apartments, energy class D. The Estiq AVM benchmark is €1 800/m², 1.4% above the Narva linn median (notarised apartment transaction median €1 775/m²).

Kreenholmi mnt 23 is a 5-storey residential building completed in 1974 in Narva linn, with 61 apartments. Load-bearing structure: Prefabricated Concrete Panels (EHR register). The most common unit type is 2-room apartments (20 of them). Energy class D (per energy certificate).

Based on the Estiq valuation model and Land Board transaction registries, the building price benchmark is 1 800 €/m², which is approximately 1.4% above the Narva linn median (notarised apartment transaction median €1 775/m²). The building demonstrates high transaction liquidity for 2-room units, with a typical market value of around €87 120.

✓ Well Suited For

First-time home buyers, 1–2 person households, and rental investors.

⚠ Key Considerations

Energy class D, open surface parking, and 1974 construction vintage.

€330–€390/mo

Modelled monthly rent for a 2-room unit (not a market measurement).

4,6–5,4%

Estimated gross rental yield for investment.

Apartment Prices & Room Breakdown

Official Building Register (EHR) apartment types and Estiq valuation ranges.

Apartment Count Typical Size €/m² Value Range
1-room 10 31.6 – 32.9 m² €1 890 €53 555–€68 161
2-room 20 48 – 49 m² €1 800 €76 666–€97 574
3-room 20 60.8 – 62.2 m² €1 728 €93 367–€118 831
4-room 11 77.9 – 78.7 m² €1 674 €115 345–€146 803
Most units in the building vary: actual transaction prices depend directly on floor level, interior condition, basement storage, and parking rights.

Apartment Instant Valuation Calculator

Building benchmark + apartment-specific attributes. Select parameters to see calculated fair market value.

1-room · 32.2 m² 2-room · 48.4 m² 3-room · 61.4 m² 4-room · 78.3 m²
− 48,4 m² +
Needs repair −10% Good condition Renovated +10%
1st floor −2% Middle floor Top floor
Balcony / loggia +€3 000 Basement storage +€2 000 Parking space +€5 000
Calculated Fair Market Value
€92 120
ca €1 903 / m² · model estimate
Suggested Listing Price €96 726
Expected Monthly Rent €330–€390/mo
Price per m² €1 903/m²
Negotiation buffer 3–5%
Methodology: automated statistical AVM valuation based on official Land Board sales records. Does not substitute a certified appraisal report under EVS 875 standards.

Estiq Building Scorecard™

8-dimensional audit of living environment, safety, infrastructure, and market liquidity.

Composite Score
6 / 10
Location & Transit4,5

Tammispea stop 134718 m / 1796 min; fast connection to city centre.

Weight 20%
Education & Schools4,5

Narva Õigeusu Gümnaasium 535 m; state exams rating 38.6/100; kindergarten 138522 m.

Weight 15%
Air Quality & Environment7,2

AQI 1 (good), noise level 56 dB (noticeable), modelled (Lden), nearest park Tähtvere park 138662 m. Sources: Estiq noise model (CNOSSOS-EU); Estiq air-quality index derived from Keskkonnaagentuur data.

Weight 10%
Safety & Crime Risk8,0

Police open data: low crime risk, compliant fire safety standards.

Weight 10%
Condition & Vintage6,7

Built in 1974; load-bearing structure Prefabricated Concrete Panels.

Weight 15%
Energy Efficiency & Heating6,5

EHR / KredEx registered energy class D; heating type District Heating.

Weight 10%
Lifestyle & Infrastructure4,5

Tähtvere park 138662 m; grocery stores 138586 m.

Weight 10%
Market Liquidity & Demand7,9

Land Board transaction volume in this micro-location (244 transactions over 12–18 mo. in the "built 1971-1990" cohort).

Weight 10%

Price Trends & Sales Strategy

Transactions in last 12 months · Land Board · Narva linn · built 1971-1990 cohort.

Quarterly sales price €/m² (Sample: 244 deals · built 1971-1990)
Sales
Kreenholmi mnt 23 AVM benchmark: €1 800/m² €486 2025 Q2 75 deals €417 2025 Q3 84 deals €424 2025 Q4 85 deals

Sales Strategy

AVM Fair Market Value
€1 800/m²
Price Band
€1 584–2 016
Suggested Listing Price
€91 476
Asking Price€1 890/m²
Negotiation room~3–5%

Location Map & 10-Min Proximity

Within a 10-minute walk, there are 7 key infrastructure facilities · Coordinates 59.369917, 28.185465 · Cadastre 51105:004:0081.

🎓 Narva Õigeusu Gümnaasium
School · Exam rating: 38.6/100
535 m · 7 min
🎓 Narva Kesklinna Kool
School · Exam rating: 66.1/100
557 m · 7 min
🎓 Narva Kreenholmi Kool
School · Exam rating: 59.6/100
630 m · 8 min
🚏 Tammispea stop
Transit Stop · Buss
134718 m · 1796 min
🧒 Tartu Lasteaed Kelluke
Kindergarten · Alusharidus
138522 m · 1847 min
🛒 Tartu Kaubamaja Toidumaailm
Supermarket · Supermarket
138586 m · 1848 min
🌳 Tähtvere park
Park · Roheala
138662 m · 1849 min
Exceptional walking accessibility underpins the strong micro-location rating of this building.

Neighborhood Vintage & Demographics: Narva linn linnaosa

Official open data from Statistics Estonia REL2021 census and Building Register EHR.

Resident Age Distribution

53 955 residents
0–17 (Children & youth) 16.4% · 8 846
18–64 (Working age) 57.8% · 31 187
65+ (Seniors & retirees) 25.8% · 13 922

Education Level (15+)

46 852 residents
Basic or primary education 16% · 7 509
Secondary / vocational education 49.7% · 23 272
Higher education (BSc, MSc, PhD) 32.7% · 15 322
Education unknown 1.6% · 749

Construction Era & Housing Stock

29 497 dwellings
Pre-War & Historic (< 1945) 1.4% · 402
Soviet Era (1946–1990) 93.1% · 27 457
Post-Independence (1991–2010) 5.5% · 1 608
Modern Developments (2011+) 0.1% · 19

Peak construction era: 1961–1970.

Energy Efficiency Distribution A–G

29 498 dwellings
A 0% · 5
B 0% · 14
C 1.1% · 313
D · this building 4.4% · 1 296
E 93.1% · 27 468
F–G 1.4% · 402

Building Technical Profile (At a Glance)

Official parameters verified against EHR and Land Board registries.

Year Built1974
Total Apartments61
Floors5
Energy ClassD
Land Ownership100% Residential Land (Freehold)
Plot Size4 468 m²
Heating SystemDistrict Heating
Load-bearing StructurePrefabricated Concrete Panels
Elevators1
Staircases2
Parking Spaces44
Noise Level56 dB · noticeable

EHR Technical Audit & Official Registries

Technical compliance, fire safety, elevator inspections, cadastre, and audit records.

Audits Valid

EHR · Building Register

Code 118000372 · primary occupancy permit issued.

Occupancy Permit Active

Prefabricated Concrete Panels. According to EHR records, there are no outstanding enforcement orders.

View in Building Register (EHR) ↗

Rescue Board Fire Safety Inspection

Periodic inspection completed.

Fully Compliant

Evacuation corridors clear, fire barrier doors compliant, smoke extraction systems tested.

CPRA (TTJA) Elevator & Equipment Audit

1 passenger elevators have passed periodic technical inspection.

Valid

Elevators comply with applicable TTJA safety standards.

Cadastral & Land Use Status

51105:004:0081 · plot area 4 468 m².

100% Residential Land (Freehold)

Official designated purpose of the property is 100% residential land.

Apartment buildings on Kreenholmi mnt

13 buildings on the street · street median €1 800/m² (n=13) · real-time filterable comparison.

Address Year Built Estiq €/m² Typical Unit Energy Class
Kreenholmi mnt 5 1961 €1 450 ~€71 330 D View →
Kreenholmi mnt 6 1964 €1 800 ~€88 560 C ~ View →
Kreenholmi mnt 10 1964 €1 418 ~€69 768 C ~ View →
Kreenholmi mnt 12 1963 €1 800 ~€88 560 C ~ View →
Kreenholmi mnt 15 1963 €1 800 ~€88 560 F View →
Kreenholmi mnt 23 This building 1974 €1 800 ~€87 120 D Active
Kreenholmi mnt 24 1970 €1 800 ~€88 560 E ~ View →
Kreenholmi mnt 29 1970 €1 800 ~€88 560 E View →

Official Data Sources & Registry Verification

Direct data linkages, authoritative registries, and update timestamps.

Data Dimension Official Source Governing Authority Last Verified Status
Building Specs & Occupancy Permit EHR · 118000372 Ministry of Regional Affairs last synced · 01.05.2026 Valid
Cadastral Unit & Land Zoning Land & Spatial Board · 51105:004:0081 Land & Spatial Board last synced · 01.05.2026 Confirmed
Notarized Sales Transactions Land Board Transactions Database Land & Spatial Board last synced · Q2/Q3 2026 Synchronized
Demographics & Census Data Population Register & RL21 Statistics Estonia annual (2021 census) Official
Safety & Environmental Monitoring Noise Maps, Air Quality & Police Police Board / Environment Agency last synced · 01.05.2026 Checked
Market Rent & Gross Yield Model assumption: 4,6–5,4% gross yield on the Estiq AVM value; the monthly rent is derived from it, not measured Estiq AVM 2026 model parameters Statistical
Valuation Methodology Estiq AVM EVS 875 Valuation Framework 2026 model weights Statistical

Building Energy Rating Guide

The energy performance certificate reflects the heating efficiency and energy consumption intensity of the building.

A Nearly Zero Energy Building Extremely low energy demand
B Low Energy Building Very high thermal performance
C Energy Efficient Good standard efficiency
D · this building Average / Refurbished Moderate heating expenses
E Higher Energy Demand Noticeable heat loss; typical of older housing stock
F–G High / Very High Consumption Requires substantial energy efficiency renovation

Key Risk Factors

  • Built in 1974: technical utility systems require periodic updating and capital maintenance.
  • Energy class D: expected winter heating expenses are higher than modern A/B developments.
  • Parking: on-grade surface parking on parcel/street; no separate underground garage.
  • Valuation nuance: bank collateral value for a specific unit depends fundamentally on interior finish.

Frequently Asked Questions (FAQ)

Structured answers compiled for buyers, sellers, search engines, and AI systems.

What building is located at Kreenholmi mnt 23, Narva?

Kreenholmi mnt 23 is a 5-story apartment building constructed in 1974, located in Narva linn linnaosa, comprising 61 apartments. The EHR registry code is 118000372 and cadastral ID is 51105:004:0081. Estiq reports energy class D.

What is the average price per sqm and market value for apartments at Kreenholmi mnt 23?

The Estiq AVM model estimate is 1 800 €/m². The valuation range spans 1 584–2 016 €/m². The calculated fair value of a typical 2-room apartment is approximately €87 120.

How much does a 40 sqm or 50 sqm apartment cost at Kreenholmi mnt 23?

Based on the 1 800 €/m² benchmark, a 40 sqm apartment is indicatively valued at €72 000 and a 50 sqm apartment at €90 000. Actual value depends on interior condition, floor, parking, and storage.

How are apartment prices distributed by room count?

1-room: €53 555–€68 161; 2-room: €76 666–€97 574; 3-room: €93 367–€118 831; 4-room: €115 345–€146 803.

At what asking price should a seller list?

The strategic recommended listing price is approximately €1 890/m² (for a 2-room unit, about €91 476), allowing a 3–5% negotiation buffer.

How much rental income can a 2-room apartment generate?

A 2-room apartment in good condition has an estimated market rent of €330–€390 per month, generating an estimated gross yield of 4,6–5,4%.

Is Kreenholmi mnt 23 a good rental investment?

Data indicates that compact apartment layouts, proximity to transit (134718 m to stop), and active district tenant demand are positive investment drivers. Prior to purchasing, inspect individual apartment condition, utility costs, and actual occupancy demand.

Does the Estiq online valuation replace a bank-certified appraisal?

No. Estiq AVM is a data-driven statistical benchmark. Mortgage financing applications require a certified appraisal report performed by a licensed appraiser in accordance with EVS 875 standards.

How accurate is the Estiq automated valuation (AVM)?

The Estiq AVM reports a confidence band by comparable-transaction volume: ±5–8% where comparables are plentiful, ±10–14% with moderate data, ±18–25% where data is sparse. Accuracy is higher in active areas and lower for atypical properties. It is a statistical benchmark, not an EVS 875 report. See the methodology page.

Building data reconciled against the EHR and Land Board (Maa-amet) registries. AVM methodology by Martin Koppel, Estiq real estate valuation advisor (methodology aligned with the EVS 875 standard). This is an automated model estimate, not an EVS 875 appraisal report. Updated 01.05.2026.

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