Narva · Apartment building
Rakvere tn 40, Narva — building data and flat estimate
Built 1965 · 5 floors · 80 apartments · EHR 118000239 · Cadastre 51101:004:0048
Rakvere tn 40 (Narva) is a 5-storey apartment building completed in 1965 with 80 flats. It is managed by Rakvere tn 40 apartment association (registry code 80175535). Estiq's model estimates flats here at €336–534/m² (typically €435/m², as of 02.11.2026). This is not a licensed appraisal. In Narva city, 393 flats in buildings of the same era sold over the last four completed quarters.
Estimated market value
€435 /m²
€336
range ±22.7%
€534
Typical apartment · 37.9 m²
€16 487
Building score
7.1 / 10
Energy class
E estimated
Automated model estimate (AVM), not a professional valuer's appraisal · as of 02.11.2026 · Land Board notarial transactions
View from the air · oblique aerial photo 13.05.2023: Maa- ja Ruumiamet (open data licence) · Request removal of this photo
Aerial photo · building outline from the Building Register (EHR) · Orthophoto 13.05.2023, Maa- ja Ruumiamet (open data licence)
Location map · CARTO Voyager · © OpenStreetMap contributors
Prices by apartment type
| Type | Count | Area | €/m² | Value range |
|---|---|---|---|---|
| 1-room | 10 | 28,0–29,1 m² | €435 | €10 000 – €15 000 (median area 28,4 m²) |
| 2-room | 40 | 35,6–41,3 m² | €435 | €12 000 – €20 000 (median area 36,7 m²) |
| 3-room | 30 | 49,8–51,7 m² | €435 | €17 000 – €27 000 (median area 50,2 m²) |
Actual value depends on the floor, interior finish, balcony/terrace, storage and parking space.
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Model-based analysis built on real EHR and transaction data.
The area at a glance · Rakvere tn 40
On foot
Environment
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Details, sources and limits
Around Rakvere tn 40 (within 1.5 km): nearest public transport stop: Rakvere stop (78 m, 1 min on foot); nearest grocery store: 34 (150 m, 2 min on foot); nearest park or green area: Paju park (277 m, 4 min on foot); nearest school: Narva Gümnaasium (433 m, 6 min on foot); nearest kindergarten: Narva Lasteaed Kakuke (186 m, 2 min on foot). Distances are straight-line, walking time assumes 4.5 km/h. 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, 74% 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 (100–150 kBq/m³). These describe the area, not a specific apartment.
Transit
Rakvere stop 78 m · Kangelaste maja stop 139 m · Rakvere stop 261 m
Grocery stores
34 150 m · Kauplus 221 m · Kauplus 275 m
Parks and green areas
Paju park 277 m · Mõisa park 595 m · EV100 park 600 m
Schools
Narva Gümnaasium 433 m · Narva Kesklinna Kool 452 m · Narva Pähklimäe Kool 715 m
Kindergartens
Narva Lasteaed Kakuke 186 m · Narva lasteaed Päikene 308 m · Narva Lasteaed Vikerkaar 330 m
Radon in soil
High · 100–150 kBq/m³. A soil-gas reading, not the flat’s indoor air; mainly relevant to basements and ground floors.
Noise
Estimated level is 3 dB above the WHO recommended level (53 dB Lden).
Incident level
Counts incidents reported to the police for the surrounding ~0.7 km² cell, not how safe it feels.
The indicators describe the area, not a specific apartment. Sources: Estiq database (stops, shops, parks, schools, kindergartens; OpenStreetMap, EHIS), Environmental Agency (air), Police and Border Guard Board (incidents), Geological Survey of Estonia (radon), Estiq noise model. How we calculate this
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The Building & Surroundings Report (PDF) combines Estiq Radar construction projects (150–500 m), association finances, registers and environment. Does not include an apartment valuation.
Apartment association
Rakvere tn 40 · 80 flats · report 2025
Typical flat, per month
€123
Repair-fund balance
€0
Cash on accounts
€33 346
Bank loans
None
Source: annual reports in the e-Business Register
Price trend and transactions: Narva city, built 1940-1970
Few local sales → wider district
+9,2% YoY
Notarial transactions per Land Board data: Narva city · built 1940-1970 (compared with Narva city)
Narva city (1940-1970)
Narva city (1940-1970)
Transaction count
Model forecast
€390 /m²
View detailed quarterly statistics (9 quarters) ▾
| Quarter | Narva city €/m² | Narva city €/m² | Transactions (pcs) |
|---|---|---|---|
| 2024 Q4 | €391 | €391 | 86 deals |
| 2025 Q1 | €371 | €371 | 82 deals |
| 2025 Q2 | €372 | €372 | 86 deals |
| 2025 Q3 | €357 | €357 | 98 deals |
| 2025 Q4 | €356 | €356 | 101 deals |
| 2026 Q1 | €331 | €331 | 92 deals |
| 2026 Q2 | €394 | €394 | 98 deals |
| 2026 Q3 | €390 | €390 | 102 deals |
| 2026 Q4 (forecast) | €402 | – | – |
Due to limited transaction volume in Kalevi district subdistrict for cohort 1940-1970 (<3 quarters), aggregated district data for Narva city is shown: YoY trend +9.2% (compared to Narva city +9.2%), activity steady at 82–102 deals per quarter.
Evidence and calculation basis (EHR & Land Board)
Quarterly transaction prices (Land and Spatial Development Board)
9 quarters
| Quarter | Narva city (€/m²) | Narva city (€/m²) | Notarial transactions |
|---|---|---|---|
| 2024 Q4 | €391 | €391 | 86 deals |
| 2025 Q1 | €371 | €371 | 82 deals |
| 2025 Q2 | €372 | €372 | 86 deals |
| 2025 Q3 | €357 | €357 | 98 deals |
| 2025 Q4 | €356 | €356 | 101 deals |
| 2026 Q1 | €331 | €331 | 92 deals |
| 2026 Q2 | €394 | €394 | 98 deals |
| 2026 Q3 | €390 | €390 | 102 deals |
| 2026 Q4 (forecast) | €402 | – | – |
Registry data (EHR and cadastre)
8/8 fields filled in register (completeness, not verification)
| Year built | 1965 |
| Apartments in building | 80 |
| Floors / lifts | 5 floors |
| Structure | brick, small block |
| Heating | district heating |
| Plot | 5 029 m² · residential land 100% |
| EHR code | 118000239 |
| Cadastre | 51101:004:0048 |
Frequently asked questions
8
What do apartments at Rakvere tn 40 cost?
As of 02.11.2026, the Estiq model baseline at Rakvere tn 40 is €435/m² (range €336–534/m², ±22.7%).
How many apartment sales were there in Narva city?
Land and Spatial Board transaction statistics show 393 apartment sales in Narva city in the last four completed quarters, in buildings of the same era (1940-1970).
Are sale prices for flats at Rakvere tn 40 public?
The Land and Spatial Board publishes transaction statistics by area, not by address. Estiq therefore shows sales in same-era buildings (1940-1970) in Narva city: 393 in the last four completed quarters. The price level for this building is a model estimate, not a sale price.
What are the association's finances at Rakvere tn 40?
From the association's 2025 annual report (reg. code 80175535): 80 flats, repair-fund balance €0, no bank loans, typical monthly cost per flat about €123.
Does the online estimate replace a bank valuation (EVS 875)?
No. The Estiq figure is a statistical model estimate. For a mortgage the bank requires a licensed valuer's report under EVS 875.
Which sources does the data for Rakvere tn 40 come from?
Building data comes from the Estonian Register of Construction Works (EHR), transaction statistics from the Land and Spatial Board, association finances from annual reports filed with the Business Register, and the estimate from the Estiq market database. Latest data as of 02.11.2026. Methodology: https://estiq.ee/en/methodology.
What are the nearest shop, school, park and transit stop to Rakvere tn 40?
Around Rakvere tn 40 (within 1.5 km): nearest public transport stop: Rakvere stop (78 m, 1 min on foot); nearest grocery store: 34 (150 m, 2 min on foot); nearest park or green area: Paju park (277 m, 4 min on foot); nearest school: Narva Gümnaasium (433 m, 6 min on foot); nearest kindergarten: Narva Lasteaed Kakuke (186 m, 2 min on foot). Distances are straight-line, walking time assumes 4.5 km/h.
What is the area around Rakvere tn 40 like: safety, air, noise and radon?
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, 74% 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 (100–150 kBq/m³). These describe the area, not a specific apartment.
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Rakvere tn: apartment buildings and association costs
8 buildings · median €502/m² · built 1965–1991
| Address | Built | €/m² | Typical flat | Energy | Assoc. €/m²/mo | Flat / month | Association |
|---|---|---|---|---|---|---|---|
| Rakvere tn 20 | 1987 | €504 | ~€26 258 | E ~ | – | – | – |
| Rakvere tn 20a | 1991 | €655 | ~€32 226 | E ~ | – | – | – |
| Rakvere tn 20c | 1987 | €491 | ~€24 157 | E ~ | – | – | – |
| Rakvere tn 30 | 1989 | €499 | ~€16 663 | F | – | – | – |
| Rakvere tn 30a | 1989 | €509 | ~€25 043 | D | – | – | – |
| Rakvere tn 34 | 1966 | €540 | ~€26 568 | F | – | – | – |
| Rakvere tn 38 | 1965 | €456 | ~€22 435 | E ~ | – | – | – |
| Rakvere tn 40 · this building | 1965 | €435 | ~€21 402 | E ~ | – | – | – |
Association cost comes from the latest filed annual report (€/m² per month and the median flat’s monthly payment); for an association managing several buildings the figure is association-wide. “–” means no reliable report or estimate. €/m² is an Estiq market-database estimate and the typical flat follows the building’s typical unit; “~” beside an energy class marks an estimate from construction year.
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