Tallinna mnt 61, Narva

Tallinna mnt 61 is a 5-story apartment building constructed in 1980, located in Narva linn, comprising 90 apartments. The EHR registry code is 118000429 and cadastral ID is 51102:003:0007. Estiq reports energy class E.

The Estiq AVM model estimate is 348 €/m². The valuation range spans 269–427 €/m². The calculated fair value of a typical 1-room apartment is approximately €11 717.

Based on the 348 €/m² benchmark, a 40 sqm apartment is indicatively valued at €13 920 and a 50 sqm apartment at €17 400. Actual value depends on interior condition, floor, parking, and storage.

1-room: €9 198–€14 600; 2-room: €12 966–€20 581; 3-room: €15 775–€25 040.

The model-based indicative asking price is approximately €383/m² (for the typical 1-room unit, about €12 303), allowing a 3–5% negotiation buffer.

A 1-room apartment in good condition has an estimated market rent of €150–€190 per month, generating an estimated gross yield of 17,0–18,0%.

Buying means a loan payment of about €48 a month, renting €150–€190 — the loan payment is 72% below the rent. That is 4% (loan) and 13% (rent) of the median gross wage (Narva linn, €1,335, Q2 2026, Statistics Estonia). Assumes the typical 1-room flat (32.1 m²) at €11,717 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €2,343 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 137 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 58% were in the two best classes and 26% in the two worst (level: high). Estimated road noise at the building is 55 dB (Lden). Radon in soil gas: high (150–250 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.43/m² per month in total including utilities; a typical flat paid €161 per month. Association fees excluding utilities were €1.18/m² per month. The association had €73 636 of loans outstanding. For comparison, the median of 80 associations in Pähklimäe linnaosa subdistrict was €3.20/m² per month. From 2022 to 2025 association fees changed by +38% in total. 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.