Kooli tänav 5, Pärnu

Kooli tn 5 is a 5-story apartment building constructed in 1982, located in Pärnu linn, comprising 60 apartments. The EHR registry code is 103015339 and cadastral ID is 62511:073:7840. Estiq reports energy class C.

The Estiq AVM model estimate is 2 872 €/m². The valuation range spans 2 447–3 297 €/m². The calculated fair value of a typical 3-room apartment is approximately €173 691.

Based on the 2 872 €/m² benchmark, a 40 sqm apartment is indicatively valued at €114 880 and a 50 sqm apartment at €143 600. Actual value depends on interior condition, floor, parking, and storage.

1-room: €93 278–€125 684; 2-room: €101 793–€137 158; 3-room: €146 575–€197 498; 4-room: €170 449–€229 666.

The model-based indicative asking price is approximately €2 895/m² (for the typical 3-room unit, about €182 376), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €540–€660 per month, generating an estimated gross yield of 3,7–4,7%.

Buying means a loan payment of about €718 a month, renting €540–€660 — the loan payment is 20% above the rent. That is 46% (loan) and 39% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (63.0 m²) at €173,691 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €34,738 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 1 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 27% were in the two best classes and 52% in the two worst (level: high). Estimated road noise at the building is 57 dB (Lden). Radon in soil gas: high (50–100 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €2.31/m² per month in total including utilities; a typical flat paid €146 per month. Association fees excluding utilities were €0.98/m² per month, of which €0.48/m² to the repair fund. The repair fund held €33 552 at year end. The association had no loans. For comparison, the median of 197 associations in Kesklinna linnaosa, Eeslinna subdistrict was €2.48/m² per month. From 2021 to 2025 association fees changed by −23% in total; the repair fund went from €8 558 (2021) to €33 552 (2025). 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.