Oja tänav 37, Pärnu

Oja tn 37 is a 3-story apartment building constructed in 1980, located in Pärnu linn, comprising 40 apartments. The EHR registry code is 103027937 and cadastral ID is 62507:021:0003. Estiq reports energy class C.

The Estiq AVM model estimate is 1 348 €/m². The valuation range spans 1 148–1 548 €/m². The calculated fair value of a typical 1-room apartment is approximately €44 997.

Based on the 1 348 €/m² benchmark, a 30 sqm apartment is indicatively valued at €40 440 and a 40 sqm apartment at €53 920. Actual value depends on interior condition, floor, parking, and storage.

1-room: €37 011–€49 870; 2-room: €41 231–€55 555.

The model-based indicative asking price is approximately €1 486/m² (for the typical 1-room unit, about €47 247), allowing a 3–5% negotiation buffer.

A 1-room apartment in good condition has an estimated market rent of €370–€450 per month, generating an estimated gross yield of 10,3–11,3%.

Buying means a loan payment of about €186 a month, renting €370–€450 — the loan payment is 55% below the rent. That is 12% (loan) and 26% (rent) of the median gross wage (Pärnu linn, €1,551, Q2 2026, Statistics Estonia). Assumes the typical 1-room flat (31.8 m²) at €44,997 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €8,999 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 2 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 35% were in the two best classes and 44% 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 €5.15/m² per month in total including utilities; a typical flat paid €157 per month. Association fees excluding utilities were €2.86/m² per month. The association had €613 390 of loans outstanding. For comparison, the median of 74 associations in Rääma linnaosa, Rääma subdistrict was €2.83/m² per month. From 2022 to 2025 association fees changed by +15% 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.