Nikolai tänav 21, Pärnu

Nikolai tn 21 is a 3-story apartment building constructed in 1925, located in Pärnu linn, comprising 8 apartments. The EHR registry code is 103015501 and cadastral ID is 62510:111:0002. 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 2-room apartment is approximately €102 024.

Based on the 1 962 €/m² benchmark, a 40 sqm apartment is indicatively valued at €78 480 and a 50 sqm apartment at €98 100. Actual value depends on interior condition, floor, parking, and storage.

2-room: €87 426–€117 799; 3-room: €92 137–€124 147; 4-room: €109 776–€147 914.

The model-based indicative asking price is approximately €2 060/m² (for the typical 2-room unit, about €107 125), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €380–€460 per month, generating an estimated gross yield of 4,5–5,5%.

Buying means a loan payment of about €422 a month, renting €380–€460 — about the same. That is 27% (loan) and 27% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (52.0 m²) at €102,024 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €20,405 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 34 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 28% were in the two best classes and 51% in the two worst (level: high). Estimated road noise at the building is 58 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €4.46/m² per month in total including utilities; a typical flat paid €143 per month. Association fees excluding utilities were €0.26/m² per month, of which €0.26/m² to the repair fund. The repair fund held €3 202 at year end. The association had €33 947 of loans outstanding. For comparison, the median of 197 associations in Kesklinna linnaosa, Eeslinna subdistrict was €2.48/m² per month. From 2022 to 2025 association fees changed by −49% in total; the repair fund went from €5 812 (2022) to €3 202 (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.