Akadeemia tee 16, Tallinn

Akadeemia tee 16 is a 5-story apartment building constructed in 1964, located in Mustamäe linnaosa, comprising 80 apartments. The EHR registry code is 101019472 and cadastral ID is 78405:501:3220. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 2 296 €/m². The valuation range spans 2 163–2 429 €/m². The calculated fair value of a typical 2-room apartment is approximately €110 007.

Based on the 2 296 €/m² benchmark, a 40 sqm apartment is indicatively valued at €91 840 and a 50 sqm apartment at €114 800. Actual value depends on interior condition, floor, parking, and storage.

1-room: €78 887–€88 602; 2-room: €103 858–€116 647; 3-room: €117 759–€132 260.

The model-based indicative asking price is approximately €2 584/m² (for the typical 2-room unit, about €115 507), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €510–€620 per month, generating an estimated gross yield of 5,7–6,7%.

Buying means a loan payment of about €455 a month, renting €510–€620 — the loan payment is 19% below the rent. That is 21% (loan) and 27% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (44.7 m²) at €110,007 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €22,001 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 62 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 66% were in the two best classes and 11% in the two worst (level: elevated). Estimated road noise at the building is 54 dB (Lden). Radon in soil gas: high (100–150 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €2.53/m² per month in total including utilities; a typical flat paid €112 per month. Association fees excluding utilities were €0.70/m² per month, of which €0.04/m² to the repair fund. The repair fund held €76 887 at year end. The association had no loans. For comparison, the median of 241 associations in Mustamäe subdistrict was €2.93/m² per month. From 2021 to 2025 association fees changed by +12% in total; the repair fund went from €92 611 (2021) to €76 887 (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.