Estiq Value / Narva / Kesklinn / V. Gerassimovi tn / V. Gerassimovi tn 10
✓ Verified May 1, 2026 Kesklinn · Narva

V. Gerassimovi tn 10, Narva

Built in 1967, this 5-story residential building is located in Kesklinn linnaosa · 90 apartments · estimated energy class E.

V. Gerassimovi tn 10, Narva hoone ja korterite väärtuskaart
5 floors 90 apartments EHR 118000275 ↗ Cadastre 51105:004:0020 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.

Automated Market Valuation & Building Benchmark

V. Gerassimovi tn 10 is a 5-storey residential building built in 1967, with 90 apartments, estimated energy class E. The Estiq AVM benchmark is €358/m², 0.0% above the Kesklinn median.

V. Gerassimovi tn 10 is a 5-storey residential building completed in 1967 in Kesklinn, with 90 apartments. Load-bearing structure: Brick / Masonry (EHR register). The most common unit type is 2-room apartments (51 of them). Energy class E (estimated from construction year).

Based on the Estiq valuation model and Land Board transaction registries, the building price benchmark is 358 €/m², which is approximately 0.0% above the Kesklinn median. The building demonstrates high transaction liquidity for 2-room units, with a typical market value of around €16 146.

✓ Well Suited For

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

⚠ Key Considerations

Estimated energy class E, open surface parking, and 1967 construction vintage.

€60–€70/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 19 27.5 – 30.2 m² €376 €9 265–€11 791
2-room 51 28 – 48.6 m² €358 €14 208–€18 083
3-room 20 57.1 – 58.8 m² €344 €17 467–€22 231
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 · 28 m² 2-room · 45.1 m² 3-room · 57.7 m²
45,1 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
€21 146
ca €469 / m² · model estimate
Suggested Listing Price €22 203
Expected Monthly Rent €60–€70/mo
Price per m² €469/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
7,5 / 10
Location & Transit8,4

Kreenholmi keskus peatus 259 m / 3 min; fast connection to city centre.

Weight 20%
Education & Schools7,3

Narva Kreenholmi Kool 156 m; state exams rating 59.6/100; kindergarten 105 m.

Weight 15%
Air Quality & Environment7,7

AQI 1 (good), noise level 55 dB (noticeable), modelled (Lden), nearest park Võidu park 138 m. Sources: Estiq noise model (CNOSSOS-EU); Estiq air-quality index derived from Keskkonnaagentuur data.

Weight 10%
Safety & Crime Risk6,7

Police open data (PPA): stable local safety baseline (1y trend: +1.6%), compliant fire safety standards.

Weight 10%
Condition & Vintage6,7

Built in 1967; load-bearing structure Brick / Masonry.

Weight 15%
Energy Efficiency & Heating5,2

No certificate is registered; the construction year (1967) implies an expected class of E. Heating type District Heating.

Weight 10%
Lifestyle & Infrastructure9,0

Võidu park 138 m; grocery stores 225 m.

Weight 10%
Market Liquidity & Demand8,3

Land Board transaction volume in this micro-location (516 transactions over 12–18 mo. in the "built 1940-1970" cohort).

Weight 10%

Price Trends & Sales Strategy

Transactions in last 12 months · Land Board · Kesklinn · built 1940-1970 cohort.

Quarterly sales price €/m² (Sample: 516 deals · built 1940-1970)
Sales ✨ Next Q Forecast +11.3% YoY
V. Gerassimovi tn 10 AVM benchmark: €358/m² €3 003 2025 Q2 113 deals €3 168 2025 Q3 116 deals €3 143 2025 Q4 129 deals €3 375 2026 Q1 108 deals €3 342 2026 Q2 50 deals €3 440 2026 Q3 ✨ Forecast

Sales Strategy

AVM Fair Market Value
€358/m²
Price Band
€315–401
Suggested Listing Price
€16 953
Asking Price€376/m²
Negotiation room~3–5%

Location Map & 10-Min Proximity

Within a 10-minute walk, there are 7 key infrastructure facilities · Coordinates 59.366676, 28.192064 · Cadastre 51105:004:0020.

🧒 Narva Lasteaed Põngerjas
Kindergarten · Alusharidus
105 m · 1 min
🌳 Võidu park
Park · Roheala
138 m · 2 min
🎓 Narva Kreenholmi Kool
School · Exam rating: 59.6/100
156 m · 2 min
🛒 Maxima X
Supermarket · Supermarket
225 m · 3 min
🚏 Kreenholmi keskus peatus
Transit Stop · Buss
259 m · 3 min
🎓 Narva Õigeusu Gümnaasium
School · Exam rating: 38.6/100
579 m · 8 min
🎓 Narva Kesklinna Kool
School · Exam rating: 66.1/100
642 m · 9 min
Exceptional walking accessibility underpins the strong micro-location rating of this building.

Neighborhood Vintage & Demographics: Kesklinn 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 Built1967
Total Apartments90
Floors5
Energy ClassE ~
Land Ownership100% Residential Land (Freehold)
Plot Size2 763 m²
Heating SystemDistrict Heating
Load-bearing StructureBrick / Masonry
Elevators1
Staircases2
Parking Spaces29
Noise Level55 dB · noticeable

EHR Technical Audit & Official Registries

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

Audits Valid

EHR · Building Register

Code 118000275 · 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

1 passenger elevators have passed periodic technical inspection.

Valid

Elevators comply with applicable TTJA safety standards.

Cadastral & Land Use Status

51105:004:0020 · plot area 2 763 m².

100% Residential Land (Freehold)

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

Apartment buildings on V. Gerassimovi tn

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

Address Year Built Estiq €/m² Typical Unit Energy Class
V. Gerassimovi tn 10 This building 1967 €358 ~€16 146 E ~ Active

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 · 118000275 Ministry of Regional Affairs last synced · 01.05.2026 Valid
Cadastral Unit & Land Zoning Land & Spatial Board · 51105:004:0020 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 1967: technical utility systems require periodic updating and capital maintenance.
  • Estimated 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 V. Gerassimovi tn 10, Narva?

V. Gerassimovi tn 10 is a 5-story apartment building constructed in 1967, located in Kesklinn linnaosa, comprising 90 apartments. The EHR registry code is 118000275 and cadastral ID is 51105:004:0020. Estiq reports estimated energy class E.

What is the average price per sqm and market value for apartments at V. Gerassimovi tn 10?

The Estiq AVM model estimate is 358 €/m². The valuation range spans 315–401 €/m². The calculated fair value of a typical 2-room apartment is approximately €16 146.

How much does a 40 sqm or 50 sqm apartment cost at V. Gerassimovi tn 10?

Based on the 358 €/m² benchmark, a 40 sqm apartment is indicatively valued at €14 320 and a 50 sqm apartment at €17 900. Actual value depends on interior condition, floor, parking, and storage.

How are apartment prices distributed by room count?

1-room: €9 265–€11 791; 2-room: €14 208–€18 083; 3-room: €17 467–€22 231.

At what asking price should a seller list?

The strategic recommended listing price is approximately €376/m² (for a 2-room unit, about €16 953), 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 €60–€70 per month, generating an estimated gross yield of 4,6–5,4%.

Is V. Gerassimovi tn 10 a good rental investment?

Data indicates that compact apartment layouts, proximity to transit (259 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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