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Estiq Value / Narva / Narva linn / Paul Kerese tn / Paul Kerese tn 8
✓ Verified May 1, 2026 Narva linn · Narva

Paul Kerese tn 8, Narva

Built in 1974, this 4-story residential building is located in Narva linn linnaosa · 36 apartments · energy class E.

Paul Kerese tn 8, Narva hoone ja korterite väärtuskaart
4 floors 36 apartments EHR 118000162 ↗ Cadastre 51101:006:0016 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

Paul Kerese tn 8 is a 4-storey residential building built in 1974, with 36 apartments, energy class E. The Estiq AVM benchmark is €1 800/m², 1.4% above the Narva linn median (notarised apartment transaction median €1 775/m²).

Paul Kerese tn 8 is a 4-storey residential building completed in 1974 in Narva linn, with 36 apartments. Load-bearing structure: Brick / Masonry (EHR register). The most common unit type is 2-room apartments (20 of them). Energy class E (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 €89 820.

✓ Well Suited For

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

⚠ Key Considerations

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

€340–€400/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 8 32.3 – 33.8 m² €1 890 €54 886–€69 854
2-room 20 48.7 – 51.2 m² €1 800 €79 042–€100 598
3-room 8 68.5 – 69.2 m² €1 728 €104 620–€133 153
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 · 33 m² 2-room · 49.9 m² 3-room · 68.8 m²
− 49,9 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
€94 820
ca €1 900 / m² · model estimate
Suggested Listing Price €99 561
Expected Monthly Rent €340–€400/mo
Price per m² €1 900/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
5,9 / 10
Location & Transit4,5

Tammispea stop 134771 m / 1797 min; fast connection to city centre.

Weight 20%
Education & Schools4,5

Narva Õigeusu Gümnaasium 566 m; state exams rating 38.6/100; kindergarten 139153 m.

Weight 15%
Air Quality & Environment7,2

AQI 1 (good), noise level 56 dB (noticeable), modelled (Lden), nearest park Tähtvere park 139292 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 Brick / Masonry.

Weight 15%
Energy Efficiency & Heating5,2

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

Weight 10%
Lifestyle & Infrastructure4,5

Tähtvere park 139292 m; grocery stores 139220 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
Paul Kerese tn 8 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
€94 311
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 59.375947, 28.188459 · Cadastre 51101:006:0016.

🎓 Narva Õigeusu Gümnaasium
School · Exam rating: 38.6/100
566 m · 8 min
🎓 Narva Eesti Gümnaasium
School · Exam rating: 48.6/100
716 m · 10 min
🎓 Narva Gümnaasium
School · Exam rating: 85.2/100
771 m · 10 min
🚏 Tammispea stop
Transit Stop · Buss
134771 m · 1797 min
🧒 Tartu Lasteaed Kelluke
Kindergarten · Alusharidus
139153 m · 1855 min
🛒 Tartu Kaubamaja Toidumaailm
Supermarket · Supermarket
139220 m · 1856 min
🌳 Tähtvere park
Park · Roheala
139292 m · 1857 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 4.4% · 1 296
E · this building 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 Apartments36
Floors4
Energy ClassE
Land Ownership100% Residential Land (Freehold)
Plot Size5 226 m²
Heating SystemDistrict Heating
Load-bearing StructureBrick / Masonry
Elevators0
Staircases2
Parking Spaces22
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 118000162 · primary occupancy permit issued.

Occupancy Permit Active

Brick / Masonry. 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

0 passenger elevators have passed periodic technical inspection.

Valid

Elevators comply with applicable TTJA safety standards.

Cadastral & Land Use Status

51101:006:0016 · plot area 5 226 m².

100% Residential Land (Freehold)

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

Apartment buildings on Paul Kerese tn

6 buildings on the street · street median €1 800/m² (n=6) · real-time filterable comparison.

Address Year Built Estiq €/m² Typical Unit Energy Class
Paul Kerese tn 4 1958 €1 800 ~€88 560 C ~ View →
Paul Kerese tn 8 This building 1974 €1 800 ~€89 820 E Active
Paul Kerese tn 10 1961 €1 800 ~€88 560 E View →
Paul Kerese tn 14 2020 €1 800 ~€88 560 D View →
Paul Kerese tn 60 1999 €1 800 ~€88 560 E ~ View →
Paul Kerese tn 60/1 1999 €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 · 118000162 Ministry of Regional Affairs last synced · 01.05.2026 Valid
Cadastral Unit & Land Zoning Land & Spatial Board · 51101:006:0016 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 Average / Refurbished Moderate heating expenses
E · this building 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 E: 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 Paul Kerese tn 8, Narva?

Paul Kerese tn 8 is a 4-story apartment building constructed in 1974, located in Narva linn linnaosa, comprising 36 apartments. The EHR registry code is 118000162 and cadastral ID is 51101:006:0016. Estiq reports energy class E.

What is the average price per sqm and market value for apartments at Paul Kerese tn 8?

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 €89 820.

How much does a 40 sqm or 50 sqm apartment cost at Paul Kerese tn 8?

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: €54 886–€69 854; 2-room: €79 042–€100 598; 3-room: €104 620–€133 153.

At what asking price should a seller list?

The strategic recommended listing price is approximately €1 890/m² (for a 2-room unit, about €94 311), 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 €340–€400 per month, generating an estimated gross yield of 4,6–5,4%.

Is Paul Kerese tn 8 a good rental investment?

Data indicates that compact apartment layouts, proximity to transit (134771 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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