Vägeva tee 38, Rae

Vägeva tee 38 is a 3-story apartment building constructed in 2013, located in Peetri alevik, comprising 19 apartments. The EHR registry code is 120657036 and cadastral ID is 65301:001:2615. Estiq reports energy class C.

The Estiq AVM model estimate is 3 038 €/m². The valuation range spans 2 780–3 296 €/m². The calculated fair value of a typical 3-room apartment is approximately €220 158.

Based on the 3 038 €/m² benchmark, a 50 sqm apartment is indicatively valued at €151 900 and a 75 sqm apartment at €227 850. Actual value depends on interior condition, floor, parking, and storage.

2-room: €139 544–€165 471; 3-room: €205 447–€243 617; 4-room: €269 344–€319 386.

The model-based indicative asking price is approximately €3 062/m² (for the typical 3-room unit, about €231 166), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €870–€1 060 per month, generating an estimated gross yield of 4,7–5,7%.

Buying means a loan payment of about €910 a month, renting €870–€1,060 — the loan payment is 6% below the rent. That is 46% (loan) and 48% (rent) of the median gross wage (Rae vald, €2,000, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (75.5 m²) at €220,158 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €44,032 down payment; rent from nearby offers; association and state fees excluded.

Air: of the last 12 months' hourly readings, 80% were in the two best classes and 4% in the two worst (level: moderate). Estimated road noise at the building is 56 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.19/m² per month in total including utilities; a typical flat paid €267 per month. Association fees excluding utilities were €2.79/m² per month. The association had no loans. For comparison, the median of 60 associations in Peetri alevik was €3.08/m² per month. From 2022 to 2025 association fees changed by +11% 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.