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Estiq Value / Pärnu / Pärnu linn / Papiniidu tn / Papiniidu tn 23
✓ Verified May 1, 2026 Pärnu linn · Pärnu

Papiniidu tn 23, Pärnu

Built in 1980, this 5-story residential building is located in Pärnu linn linnaosa · 125 apartments · estimated energy class E.

Papiniidu tn 23, Pärnu hoone ja korterite väärtuskaart
5 floors 125 apartments EHR 103015679 ↗ Cadastre 62513:172:7670 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.

Value your apartment in this building → Consult a Pärnu linn specialist

Automated Market Valuation & Building Benchmark

Papiniidu tn 23 is a 5-storey residential building built in 1980, with 125 apartments, estimated energy class E. The Estiq AVM benchmark is €2 569/m², 16.3% above the Pärnu linn median (notarised apartment transaction median €2 209/m²).

Papiniidu tn 23 is a 5-storey residential building completed in 1980 in Pärnu linn, with 125 apartments. Load-bearing structure: Brick / Masonry (EHR register). The most common unit type is 2-room apartments (56 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 2 569 €/m², which is approximately 16.3% above the Pärnu linn median (notarised apartment transaction median €2 209/m²). The building demonstrates high transaction liquidity for 2-room units, with a typical market value of around €120 486.

✓ Well Suited For

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

⚠ Key Considerations

Estimated energy class E, open surface parking, and 1980 construction vintage.

€460–€540/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 24 30.3 – 37.7 m² €2 697 €75 473–€96 056
2-room 56 41.1 – 49.8 m² €2 569 €106 028–€134 944
3-room 33 58 – 68 m² €2 466 €135 630–€172 620
4-room 12 76.7 – 78.9 m² €2 389 €163 560–€208 168
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 · 31.8 m² 2-room · 46.9 m² 3-room · 62.5 m² 4-room · 77.8 m²
− 46,9 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
€125 486
ca €2 676 / m² · model estimate
Suggested Listing Price €131 760
Expected Monthly Rent €460–€540/mo
Price per m² €2 676/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
6,4 / 10
Location & Transit4,5

Lehetu stop 76917 m / 1026 min; fast connection to city centre.

Weight 20%
Education & Schools6,7

Pärnu Koidula Gümnaasium 231 m; state exams rating 68.6/100; kindergarten 2795 m.

Weight 15%
Air Quality & Environment8,2

AQI 1 (good), noise level 47 dB (quiet), modelled (Lden), nearest park Rannapark 2944 m. Sources: Estiq noise model (CNOSSOS-EU); Estiq air-quality index derived from Keskkonnaagentuur data.

Weight 10%
Safety & Crime Risk7,0

Police open data (PPA): stable local safety baseline (1y trend: +43.2%), compliant fire safety standards.

Weight 10%
Condition & Vintage6,7

Built in 1980; load-bearing structure Brick / Masonry.

Weight 15%
Energy Efficiency & Heating5,2

No certificate is registered; the construction year (1980) implies an expected class of E. Heating type District Heating.

Weight 10%
Lifestyle & Infrastructure6,8

Rannapark 2944 m; grocery stores 100 m.

Weight 10%
Market Liquidity & Demand7,9

Land Board transaction volume in this micro-location (203 transactions over 12–18 mo. in the "built 1971-1990" cohort).

Weight 10%

Price Trends & Sales Strategy

Transactions in last 12 months · Land Board · Pärnu linn · built 1971-1990 cohort.

Quarterly sales price €/m² (Sample: 203 deals · built 1971-1990)
Sales ✨ Next Q Forecast +3.6% YoY
Papiniidu tn 23 AVM benchmark: €2 569/m² €1 656 2025 Q2 43 deals €1 733 2025 Q3 54 deals €1 650 2025 Q4 44 deals €1 746 2026 Q1 42 deals €1 716 2026 Q2 20 deals €1 730 2026 Q3 ✨ Forecast

Sales Strategy

AVM Fair Market Value
€2 569/m²
Price Band
€2 261–2 877
Suggested Listing Price
€126 510
Asking Price€2 697/m²
Negotiation room~3–5%

Location Map & 10-Min Proximity

Within a 10-minute walk, there are 5 key infrastructure facilities · Coordinates 58.368887, 24.544671 · Cadastre 62513:172:7670.

🛒 Kaubamajakas Rimi Hyper
Supermarket · Groceries & daily goods
100 m · 1 min
🎓 Pärnu Koidula Gümnaasium
School · Exam rating: 68.6/100
231 m · 3 min
🧒 Pärnu Kesklinna Lasteaed
Kindergarten · Alusharidus
2795 m · 37 min
🌳 Rannapark
Park · Roheala
2944 m · 39 min
🚏 Lehetu stop
Transit Stop · Buss
76917 m · 1026 min
Exceptional walking accessibility underpins the strong micro-location rating of this building.

Neighborhood Vintage & Demographics: Pärnu linn linnaosa

Official open data from Statistics Estonia REL2021 census and Building Register EHR.

Resident Age Distribution

40 228 residents
0–17 (Children & youth) 18.9% · 7 597
18–64 (Working age) 57.7% · 23 200
65+ (Seniors & retirees) 23.4% · 9 431

Education Level (15+)

42 815 residents
Basic or primary education 21.6% · 9 250
Secondary / vocational education 46% · 19 690
Higher education (BSc, MSc, PhD) 30.1% · 12 895
Education unknown 2.3% · 980

Construction Era & Housing Stock

28 884 dwellings
Pre-War & Historic (< 1945) 15.8% · 4 569
Soviet Era (1946–1990) 50.6% · 14 606
Post-Independence (1991–2010) 27.9% · 8 050
Modern Developments (2011+) 5.2% · 1 496

Peak construction era: 1991–2000.

Energy Efficiency Distribution A–G

28 885 dwellings
A 2.4% · 687
B 2.8% · 809
C 6.4% · 1 835
D 21.5% · 6 216
E · this building 51.1% · 14 769
F–G 15.8% · 4 569

Building Technical Profile (At a Glance)

Official parameters verified against EHR and Land Board registries.

Year Built1980
Total Apartments125
Floors5
Energy ClassE ~
Land Ownership100% Residential Land (Freehold)
Plot Size3 299 m²
Heating SystemDistrict Heating
Load-bearing StructureBrick / Masonry
Elevators0
Staircases2
Parking Spaces25
Noise Level47 dB · quiet

EHR Technical Audit & Official Registries

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

Audits Valid

EHR · Building Register

Code 103015679 · 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

0 passenger elevators have passed periodic technical inspection.

Valid

Elevators comply with applicable TTJA safety standards.

Cadastral & Land Use Status

62513:172:7670 · plot area 3 299 m².

100% Residential Land (Freehold)

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

Apartment buildings on Papiniidu tn

21 buildings on the street · street median €2 210/m² (n=21) · real-time filterable comparison.

Address Year Built Estiq €/m² Typical Unit Energy Class
Papiniidu tn 15 1999 €1 931 ~€95 029 E View →
Papiniidu tn 23 This building 1980 €2 569 ~€120 486 E ~ Active
Papiniidu tn 25 1999 €2 191 ~€107 813 C View →
Papiniidu tn 27 1985 €2 662 ~€130 984 C ~ View →
Papiniidu tn 29 1986 €1 782 ~€87 651 E ~ View →
Papiniidu tn 31 1986 €2 166 ~€106 545 B View →
Papiniidu tn 33 1979 €1 724 ~€84 824 C View →
Papiniidu tn 33a 1985 €2 059 ~€101 319 E ~ View →

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 · 103015679 Ministry of Regional Affairs last synced · 01.05.2026 Valid
Cadastral Unit & Land Zoning Land & Spatial Board · 62513:172:7670 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 1980: 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 Papiniidu tn 23, Pärnu?

Papiniidu tn 23 is a 5-story apartment building constructed in 1980, located in Pärnu linn linnaosa, comprising 125 apartments. The EHR registry code is 103015679 and cadastral ID is 62513:172:7670. Estiq reports estimated energy class E.

What is the average price per sqm and market value for apartments at Papiniidu tn 23?

The Estiq AVM model estimate is 2 569 €/m². The valuation range spans 2 261–2 877 €/m². The calculated fair value of a typical 2-room apartment is approximately €120 486.

How much does a 40 sqm or 50 sqm apartment cost at Papiniidu tn 23?

Based on the 2 569 €/m² benchmark, a 40 sqm apartment is indicatively valued at €102 760 and a 50 sqm apartment at €128 450. Actual value depends on interior condition, floor, parking, and storage.

How are apartment prices distributed by room count?

1-room: €75 473–€96 056; 2-room: €106 028–€134 944; 3-room: €135 630–€172 620; 4-room: €163 560–€208 168.

At what asking price should a seller list?

The strategic recommended listing price is approximately €2 697/m² (for a 2-room unit, about €126 510), 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 €460–€540 per month, generating an estimated gross yield of 4,6–5,4%.

Is Papiniidu tn 23 a good rental investment?

Data indicates that compact apartment layouts, proximity to transit (76917 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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