Estiq Value / Narva / Narva / P. Kerese tn 15

P. Kerese tänav 15, Narva

Q: What building is located at P. Kerese tn 15, Narva?

P. Kerese tn 15 is a 4-story apartment building constructed in 1963, located in Narva, comprising 49 apartments. The EHR registry code is 118000189 and cadastral ID is 51101:006:0077. Estiq reports energy class E.

Q: What is the average price per sqm and market value for apartments at P. Kerese tn 15?

The Estiq AVM model estimate is 391 €/m². The valuation range spans 302–480 €/m². The calculated fair value of a typical 2-room apartment is approximately €15 171.

Q: How much does a 40 sqm or 50 sqm apartment cost at P. Kerese tn 15?

Based on the 391 €/m² benchmark, a 40 sqm apartment is indicatively valued at €15 640 and a 50 sqm apartment at €19 550. Actual value depends on interior condition, floor, parking, and storage.

Q: How are apartment prices distributed by room count?

2-room: €11 757–€18 663; 3-room: €13 856–€21 994.

Q: At what indicative asking price should a seller list?

The model-based indicative asking price is approximately €411/m² (for the typical 2-room unit, about €15 930), allowing a 3–5% negotiation buffer.

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

A 2-room apartment in good condition has an estimated market rent of €220–€270 per month, generating an estimated gross yield of 18,9–18,0%.

Q: Is it cheaper to buy or to rent at P. Kerese tn 15?

Buying means a loan payment of about €63 a month, renting €220–€270 — the loan payment is 74% below the rent. That is 5% (loan) and 18% (rent) of the median gross wage (Narva linn, €1,335, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (38.8 m²) at €15,171 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €3,034 down payment; rent from nearby offers; association and state fees excluded.

Q: What is the area around P. Kerese tn 15 like: safety, air, noise and radon?

Police open data list 265 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 67% were in the two best classes and 16% 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.

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

No. For a mortgage the bank needs a certified valuer's report under EVS 875 — order a valuation.

Q: How accurate is the Estiq automated valuation (AVM)?

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.

P. Kerese tn 15 (Narva, Narva) is a 1963 4-story residential building, 49 apartments (EHR 118000189). Estiq AVM model benchmark is 391 €/m² (range 302–480 €/m²) as of Oct 26, 2026.

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P. Kerese tänav 15, Narva – aerial photo of the building, outline from the Building Register (EHR) — Aerial photo · building outline from the Building Register (EHR) · Orthophoto 13.05.2023, Maa- ja Ruumiamet (open data licence)

4 floors 49 apartments EHR 118000189 ↗ Cadastre 51101:006:0077 ↗ Private ownership · apartment ownership

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

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Building Market Benchmark · AVM 2026

€391 /m²

+0% vs Narva median (notarised apartment transaction median €391/m², 2026 Q3, n=215)

Automated model estimate · not a certified appraisal

Estiq AVM estimate · data as of 09.2026 · not a transaction price

The value is refreshed when new transactions and model updates arrive, so it can differ from earlier versions of this page.

Typical 2-room · 38,8 m²€15 171

Valuation range €/m²€302–480 ±22.7%

Building Score7.9 / 10

Energy classE

Based on 215 notarised deals in Narva linn, 2026 Q3 · sparse data, range ±22.7%

Building benchmark: €391/m² (Estiq AVM baseline, sparse data). The calculator output varies by apartment attributes; Narva median is €391/m².

Data reliability9/9 from registers

The area at a glance

Six indicators for this address. Tap one to see its source and what it does not tell you.

Incident level high 265 recorded incidents / 24 months Air elevated 67% of hours good, 16% poor · 12 months Noise 56 dB modelled road noise (Lden) Radon in soil high 50–100 kBq/m³ School 4 min walk Narva 6. Kool · 336 m Transit stop 1 min walk Kerese stop · 83 m

Automated Market Valuation & Building Benchmark

P. Kerese tn 15 is a 4-storey residential building built in 1963, with 49 apartments, energy class E. The Estiq AVM benchmark is €391/m², 0.0% above the Narva median (notarised apartment transaction median €391/m², 2026 Q3, n=215).

P. Kerese tn 15 is a 4-storey residential building completed in 1963 in Narva, with 49 apartments. Load-bearing structure: Prefabricated Concrete Panels (EHR register). The most common unit type is 2-room apartments (36 of them). Energy class E (per energy certificate).

The Estiq AVM baseline for apartments in this building is 391 €/m², approximately 0.0% above the Narva median (notarised apartment transaction median €391/m², 2026 Q3, n=215). The typical unit (2-room, 38,8 m²) comes to about €15 171.

✓ Well Suited For

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

⚠ Key Considerations

Energy class E, open surface parking, and 1963 construction vintage.

€220–€270/mo

Market rent for typical 2-room apartment (25 listings within 500 m, matched building era).

📊 Market data · 25 listings within 500 m, matched building era

Utilities: summer ~€51, winter ~€150 · 100% furnished

18,9–18,0%

Estimated gross yield (derived from real rental market listings).

from market data

Apartment Prices & Room Breakdown

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

Apartment	Count	Typical Size	€/m²	Value Range
2-room	36	37.9 – 40 m²	€391	€11 757–€18 663
3-room	12	47.1 – 48.3 m²	€375	€13 856–€21 994

Most units in the building vary: actual transaction prices depend directly on floor level, interior condition, basement storage, and parking rights.

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Market value, value range and reasoning with comparables
Building Register, energy certificate and land parcel data
Risks: flooding, radon, noise, air quality, safety
Apartment association costs, repair fund and loans vs the area

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Condition

2026 blind test, 600 Tallinn flats: median error 9.5% · Methodology →

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Apartment Instant Valuation Calculator

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

Select apartment configuration

2-room · 38.9 m² 3-room · 47.8 m²

Apartment Area (m²)

− 38,8 m² +

Interior Condition

Needs repair −15% Good condition Renovated +10%

Floor Level

1st floor −2% Middle floor Top floor

Additional Amenities (toggle on/off)

Balcony / loggia +€3 000 Basement storage +€2 000 Parking space +€3 500

Calculated Fair Market Value

€15 171

ca €391 / m² · model estimate

Model-Based Indicative Asking Price €15 930

Expected Monthly Rent €220–€270/mo

Asking price per m² €411/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
7.9 / 10

Data coverage: 95%

The Estiq Building Score™ is Estiq's own analytical composite indicator (not an official rating or guarantee of condition, safety, or investment performance); component weights are shown below. Methodology

Location & Transit9.3

Kerese stop 83 m / 1 min; fast connection to city centre.

Weight 20%

Education & Schools7.5

Narva 6. Kool 336 m; kindergarten 243 m.

Weight 15%

Air Quality & Environment7.7

67% of hours good, 16% poor (12-month mean, level: elevated), noise level 56 dB (noticeable), modelled (Lden), nearest park Maleaed 288 m. Sources: Estiq noise model (CNOSSOS-EU); Estiq air-quality index derived from Keskkonnaagentuur data.

Weight 10%

Safety & Crime Risk7.3

PPA open data (H3 cell (~0.7 km²), 24 months to 14.10.2026, n=265): high incident level; last 12 months vs previous 12: +29.9%.

Weight 10%

Condition & Vintage6.6

Built in 1963; structure Prefabricated Concrete Panels.

Weight 15%

Energy Efficiency & Heating6.7

EHR energy certificate E (issued 05.02.2024); heating type District Heating.

Weight 10%

Lifestyle & Infrastructure8.4

Maleaed 288 m; supermarket 254 m.

Weight 10%

Market Liquidity & Demand9.6

Land Board transaction volume in this micro-location (393 transactions over the last 4 quarters in the "built 1940-1970" cohort).

Weight 10%

Environment & safety: P. Kerese tn 15

Official open data and Estiq models for this building’s location. They describe the area, not a specific apartment. How we calculate this.

Safety

Incident level: high · index 8.1 / 10

Police and Border Guard Board open data list 265 recorded incidents in the surrounding ~0.7 km² cell over 24 months (data to 14.10.2026). Last 12 months vs the 12 before: +30%.

Counts incidents reported to the police, not how safe it feels.

Source: PPA open data.

Air quality

Elevated

Of 2 651 hourly readings in the last 12 months (08.12.2025–25.10.2026, this building’s cell (~0.1 km²)): 67% in the two best classes, 17% in the middle one and 16% in the two worst of five.

Source: Keskkonnaagentuur, hourly data.

Noise

56 dB Lden · noticeable

Estimated road noise is 3 dB above the WHO recommended level (53 dB Lden).

Source: Estiq noise model, OpenStreetMap.

Radon in the ground

High · 50–100 kBq/m³

Radon concentration in soil gas. No measurement in this cell; the level is interpolated from the nearest ones. That is above the 50 kBq/m³ threshold from which new buildings need radon-safe construction (EVS 840). Municipality-wide class: Kõrge või väga kõrge.

A soil-gas reading, not the flat’s indoor air; mainly relevant to basements and ground floors.

Source: Estonian radon-risk map (Geological Survey of Estonia).

Price Trends & Sales Strategy

Transactions 2024 Q4–2026 Q3 · Land Board · Narva · built 1940-1970 cohort.

Quarterly sales price €/m² (Sample: 745 deals · built 1940-1970)

Sales ✨ Forecast 2026 Q4 Method: weighted linear regression over the last 6 quarters, damped 0.75, capped ±5%/quarter. Not a guarantee. +9.2% YoY (2026 Q3 vs 2025 Q3)

Sales Strategy

AVM Fair Market Value

€391/m²

Price Band

€302–480

Indicative Asking Price (Typical 2-room · 38,8 m²)

€15 930

Indicative Asking Price€411/m²

Negotiation room~3–5%

Market pulse: this building vs its surroundings

Notary-deal €/m², year-on-year change and deal activity at neighbourhood, district and city level.

Level	€/m²	Building vs	YoY	Deals, 4 qtrs	Direction
District: Narva linn2026 Q3	€391	0.0%	−2.3%	788 (+4.6%)	Steady

Source: Land Board notary deals, latest finished quarter. Activity = deals in the last 4 quarters vs the 4 before. "Warming" or "cooling" only when both price (±3%) and activity (±10%) move the same way on at least 30 deals; otherwise "steady". We do not measure days on market.

Location Map & Nearest Amenities

Within a 10-minute walk, there are 18 key infrastructure facilities (19 services nearby) · Coordinates 59.374227, 28.185411 · Cadastre 51101:006:0077.

10 min walk

🚏

Kerese stop

Transit Stop · Bus routes

83 m · 1 min

🧒

Narva Lasteaed Kaseke

Kindergarten · Pre-school education

243 m · 3 min

🛒

YES

Supermarket · Groceries & daily goods

254 m · 3 min

🌳

Maleaed

Park & Green Area · Recreation & walking

288 m · 4 min

🚏

Linda tee stop

Transit Stop · Bus routes

303 m · 4 min

🚏

Kreenholmi 10 stop

Transit Stop · Bus routes

330 m · 4 min

🎓

Narva 6. Kool

Basic school · Basic school

336 m · 4 min

🛒

Kerese Keskus

Supermarket · Groceries & daily goods

404 m · 5 min

🚏

Energia stop

Transit Stop · Bus routes

410 m · 5 min

🌳

Linda park

Park & Green Area · Recreation & walking

421 m · 6 min

🛒

Rimi Mini

Supermarket · Groceries & daily goods

422 m · 6 min

🛒

Realiseerimiskeskus

Supermarket · Groceries & daily goods

431 m · 6 min

🧒

Narva Lasteaed Punamütsike

Kindergarten · Pre-school education

468 m · 6 min

🧒

Narva Lasteaed Muinasjutt

Kindergarten · Pre-school education

479 m · 6 min

🌳

Puškini allee

Park & Green Area · Recreation & walking

518 m · 7 min

🎓

Narva Õigeusu Gümnaasium

Upper secondary school · Exam rating: 38.6/100

564 m · 8 min

🌳

Salmeaed

Park & Green Area · Recreation & walking

605 m · 8 min

🧒

Narva lasteaed Päikene

Kindergarten · Pre-school education

659 m · 9 min

🎓

Narva Kesklinna Kool

Basic school · Exam rating: 66.1/100

872 m · 12 min

Within a 10-minute walk: 18 places, nearest stop 83 m away.

Neighborhood Vintage & Demographics: Narva

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

Class A (Nearly Zero Energy) 0%

Class B (Low Energy) 0%

Class C (Standard Efficiency) 1.1%

Class D (Moderate Efficiency) 4.4%

Class E (Standard Soviet Build) 93.1%

Class F–G (High Consumption) 1.4%

Building Technical Profile

Values read from EHR and the Land Board cadastre; fields the registers do not hold are not shown.

Year Built	1963
Total Apartments	49
Floors	4
Energy Class	E
Land Ownership	Private ownership · apartment ownership
Plot Size	3 523 m²
Heating System	District Heating
Load-bearing Structure	Prefabricated Concrete Panels
Elevators	0
Noise Level	56 dB (noticeable)

Official Register Records: EHR & Cadastre

Only what Estiq reads from EHR and the cadastre WFS. Estiq does not track fire-safety or lift inspections.

EHR · Building Register

Code 118000189 · record updated 30.05.2025.

Prefabricated Concrete Panels · lifts per EHR: 0.

EHR Portal (code: 118000189) →

Cadastral Unit (Land Board)

51101:006:0077 · plot area 3 523 m².

Land use: 100% Elamumaa.

Cadastral Map (51101:006:0077) ↗

Apartment Association & In-ADS

The building is managed by an apartment association (korteriühistu). Official records can be verified in e-Äriregister.

Land & Spatial Board In-ADS address object (ADS-OID: EE01011551) · Postal code: 20309

KÜ registry code pending

Apartment buildings on P. Kerese tn

1 buildings on the street · real-time filterable comparison.

All District Buildings View Street Hub →

Address	Year Built	Estiq €/m²	Typical Unit	Energy Class
P. Kerese tn 24	1972	€544	~€26 765	G	View →

Other streets in Narva

Kangelaste pr · €505/m² Tallinna mnt · €487/m² Kreenholmi mnt · €417/m² Rakvere tn · €488/m² Paul Kerese tn · €466/m² A. Daumani tn · €1 197/m²

Official Data Sources & Registry Verification

Direct data linkages, authoritative registries, and update timestamps.

Data Dimension	Official Source	Governing Authority	Data as of	Status
Building Specs	EHR · 118000189	Maa- ja Ruumiamet	26.10.2026 (EHR record 30.05.2025)	Confirmed
Cadastral Unit & Land Zoning	Land & Spatial Board · 51101:006:0077 ↗	Land & Spatial Board	04.10.2026	Confirmed
Notarized Sales Transactions	Land Board Transactions Database	Land & Spatial Board	09.2026	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	model estimate	Statistical
Market Rent & Gross Yield	Estiq rental database · 25 listings within 500 m, matched building era · yield 18,9–18,0%	Estiq Rental Intelligence	10.2026 · n=25	Market Data
Valuation Methodology	Estiq AVM	Comparable sales approach (not EVS 875 certified appraisal)	2026 model weights	Statistical

Building Energy Rating Guide

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

E · this building

Higher Energy Demand

Noticeable heat loss; typical of older housing stock

Key Risk Factors

Built in 1963: technical utility systems require periodic updating and capital maintenance.
Energy class E: typically higher heating demand than modern A/B developments. Actual heating costs depend on the apartment and how it is used.
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 P. Kerese tn 15, Narva?

P. Kerese tn 15 is a 4-story apartment building constructed in 1963, located in Narva, comprising 49 apartments. The EHR registry code is 118000189 and cadastral ID is 51101:006:0077. Estiq reports energy class E.

What is the average price per sqm and market value for apartments at P. Kerese tn 15?

The Estiq AVM model estimate is 391 €/m². The valuation range spans 302–480 €/m². The calculated fair value of a typical 2-room apartment is approximately €15 171.

How much does a 40 sqm or 50 sqm apartment cost at P. Kerese tn 15?

Based on the 391 €/m² benchmark, a 40 sqm apartment is indicatively valued at €15 640 and a 50 sqm apartment at €19 550. Actual value depends on interior condition, floor, parking, and storage.

How are apartment prices distributed by room count?

2-room: €11 757–€18 663; 3-room: €13 856–€21 994.

At what indicative asking price should a seller list?

The model-based indicative asking price is approximately €411/m² (for the typical 2-room unit, about €15 930), 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 €220–€270 per month, generating an estimated gross yield of 18,9–18,0%.

Is it cheaper to buy or to rent at P. Kerese tn 15?

Buying means a loan payment of about €63 a month, renting €220–€270 — the loan payment is 74% below the rent. That is 5% (loan) and 18% (rent) of the median gross wage (Narva linn, €1,335, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (38.8 m²) at €15,171 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €3,034 down payment; rent from nearby offers; association and state fees excluded.

What is the area around P. Kerese tn 15 like: safety, air, noise and radon?

Police open data list 265 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 67% were in the two best classes and 16% 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.

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

No. For a mortgage the bank needs a certified valuer's report under EVS 875 — order a valuation.

How accurate is the Estiq automated valuation (AVM)?

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.

Where does this data come from?

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); 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.

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 26.10.2026.

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P. Kerese tänav 15, Narva

The area at a glance

Automated Market Valuation & Building Benchmark

Apartment Prices & Room Breakdown

What is your flat in this building worth?

Apartment Instant Valuation Calculator

Estiq Building Scorecard™

Environment & safety: P. Kerese tn 15

Safety

Air quality

Noise

Radon in the ground

Price Trends & Sales Strategy

Sales Strategy

Market pulse: this building vs its surroundings

Location Map & Nearest Amenities

Neighborhood Vintage & Demographics: Narva

Resident Age Distribution

Education Level (15+)

Construction Era & Housing Stock

Energy Efficiency Distribution A–G

Building Technical Profile

Official Register Records: EHR & Cadastre

EHR · Building Register

Cadastral Unit (Land Board)

Apartment Association & In-ADS

Apartment buildings on P. Kerese tn

Official Data Sources & Registry Verification

Building Energy Rating Guide

Key Risk Factors

Frequently Asked Questions (FAQ)

Need a Second Opinion?

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