Niidu tänav 3, Pärnu

Niidu tn 3 is a 3-story apartment building constructed in 1987, located in Pärnu linn, comprising 44 apartments. The EHR registry code is 103029451 and cadastral ID is 62517:051:0003. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 1 962 €/m². The valuation range spans 1 672–2 252 €/m². The calculated fair value of a typical 1-room apartment is approximately €65 714.

Based on the 1 962 €/m² benchmark, a 30 sqm apartment is indicatively valued at €58 860 and a 40 sqm apartment at €78 480. Actual value depends on interior condition, floor, parking, and storage.

1-room: €52 478–€70 710; 2-room: €55 331–€74 554.

The model-based indicative asking price is approximately €2 163/m² (for the typical 1-room unit, about €69 000), allowing a 3–5% negotiation buffer.

A 1-room apartment in good condition has an estimated market rent of €370–€460 per month, generating an estimated gross yield of 7,1–8,1%.

Buying means a loan payment of about €272 a month, renting €370–€460 — the loan payment is 35% below the rent. That is 18% (loan) and 27% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 1-room flat (31.9 m²) at €65,714 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €13,143 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 13 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: moderate). Air: of the last 12 months' hourly readings, 39% were in the two best classes and 40% 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.

The repair fund held €23 403 at year end. The association had €261 705 of loans outstanding. From 2022 to 2024 association fees changed by −100% in total; the repair fund went from €16 920 (2022) to €23 403 (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.