Estiq Value / Tallinn / Mustamäe / Akadeemia tee / Akadeemia tee 21/3
✓ Verified May 1, 2026 Mustamäe · Tallinn

Akadeemia tee 21/3, Tallinn

Built in 1986, this 2-story residential building is located in Mustamäe linnaosa · 4 apartments · energy class D.

Akadeemia tee 21/3, Tallinn hoone ja korterite väärtuskaart
2 floors 4 apartments EHR 101022351 ↗ Cadastre 78405:502:0078 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.

Automated Market Valuation & Building Benchmark

Akadeemia tee 21/3 is a 2-storey residential building built in 1986, with 4 apartments, energy class D. The Estiq AVM benchmark is €3 204/m², 17.4% above the Mustamäe median (notarised apartment transaction median €2 729/m²).

Akadeemia tee 21/3 is a 2-storey residential building completed in 1986 in Mustamäe, with 4 apartments. Load-bearing structure: Prefabricated Concrete Panels (EHR register). Energy class D (per energy certificate).

Based on the Estiq valuation model and Land Board transaction registries, the building price benchmark is 3 204 €/m², which is approximately 17.4% above the Mustamäe median (notarised apartment transaction median €2 729/m²). The building demonstrates high transaction liquidity for 2-room units, with a typical market value of around €157 637.

✓ Well Suited For

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

⚠ Key Considerations

Energy class D, open surface parking, and 1986 construction vintage.

€600–€710/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
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.

49,2 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
€162 637
ca €3 306 / m² · model estimate
Suggested Listing Price €170 769
Expected Monthly Rent €600–€710/mo
Price per m² €3 306/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
7,4 / 10
Location & Transit9,0

Tallinn stop 177 m / 2 min; fast connection to city centre.

Weight 20%
Education & Schools4,8

Tallinna Mustamäe Gümnaasium 973 m; state exams rating 50.3/100; kindergarten 901 m.

Weight 15%
Air Quality & Environment8,1

AQI 1 (good), noise level 54 dB (moderate), modelled (Lden), nearest park Männi park 786 m. Sources: Estiq noise model (CNOSSOS-EU); Estiq air-quality index derived from Keskkonnaagentuur data.

Weight 10%
Safety & Crime Risk7,7

Police open data (PPA): stable local safety baseline (1y trend: -93.7%), compliant fire safety standards.

Weight 10%
Condition & Vintage7,5

Built in 1986; load-bearing structure Prefabricated Concrete Panels.

Weight 15%
Energy Efficiency & Heating6,5

EHR / KredEx registered energy class D; heating type District Heating.

Weight 10%
Lifestyle & Infrastructure6,9

Männi park 786 m; grocery stores 1524 m.

Weight 10%
Market Liquidity & Demand8,1

Land Board transaction volume in this micro-location (375 transactions over 12–18 mo. in the "built 1971-1990" cohort).

Weight 10%

Price Trends & Sales Strategy

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

Quarterly sales price €/m² (Sample: 375 deals · built 1971-1990)
Sales ✨ Next Q Forecast +0.7% YoY
Akadeemia tee 21/3 AVM benchmark: €3 204/m² €2 230 2025 Q2 84 deals €2 383 2025 Q3 92 deals €2 395 2025 Q4 82 deals €2 492 2026 Q1 79 deals €2 246 2026 Q2 38 deals €2 350 2026 Q3 ✨ Forecast

Sales Strategy

AVM Fair Market Value
€3 204/m²
Price Band
€2 820–3 588
Suggested Listing Price
€165 519
Asking Price€3 364/m²
Negotiation room~3–5%

Location Map & 10-Min Proximity

Within a 10-minute walk, there are 8 key infrastructure facilities · Coordinates 59.398231, 24.659126 · Cadastre 78405:502:0078.

🚏 Tallinn stop
Transit Stop · Bus / Local transit
177 m · 2 min
🚏 Mustamäe stop
Transit Stop · Bus / Local transit
188 m · 3 min
🚏 Raja stop
Transit Stop · Bus / Local transit
241 m · 3 min
🚏 Mäealuse stop
Transit Stop · Bus / Local transit
301 m · 4 min
🌳 Männi park
Park · Recreation & walking
786 m · 10 min
🧒 Tallinna Männikäbi Lasteaed
Kindergarten · Alusharidus
901 m · 12 min
🎓 Tallinna Mustamäe Gümnaasium
School · Exam rating: 50.3/100
973 m · 13 min
🛒 Mustika Keskus Prisma
Supermarket · Supermarket
1524 m · 20 min
Exceptional walking accessibility underpins the strong micro-location rating of this building.

Neighborhood Vintage & Demographics: Mustamäe linnaosa

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

Resident Age Distribution

66 333 residents
0–17 (Children & youth) 17.3% · 11 493
18–64 (Working age) 61.6% · 40 890
65+ (Seniors & retirees) 21% · 13 950

Education Level (15+)

56 459 residents
Basic or primary education 13.4% · 7 551
Secondary / vocational education 39.5% · 22 298
Higher education (BSc, MSc, PhD) 44.9% · 25 342
Education unknown 2.2% · 1 268

Construction Era & Housing Stock

34 988 dwellings
Pre-War & Historic (< 1945) 0% · 14
Soviet Era (1946–1990) 85.7% · 29 985
Post-Independence (1991–2010) 6.8% · 2 368
Modern Developments (2011+) 6.1% · 2 126

Peak construction era: 1961–1970.

Energy Efficiency Distribution A–G

34 989 dwellings
A 2.4% · 842
B 3.7% · 1 284
C 5.3% · 1 855
D · this building 1.5% · 514
E 87.1% · 30 480
F–G 0% · 14

Building Technical Profile (At a Glance)

Official parameters verified against EHR and Land Board registries.

Year Built1986
Total Apartments4
Floors2
Energy ClassD
Land Ownership100% Residential Land (Freehold)
Plot Size2 634 m²
Heating SystemDistrict Heating
Load-bearing StructurePrefabricated Concrete Panels
Elevators0
Staircases2
Parking Spaces30
Noise Level54 dB · moderate

EHR Technical Audit & Official Registries

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

Audits Valid

EHR · Building Register

Code 101022351 · primary occupancy permit issued.

Occupancy Permit Active

Prefabricated Concrete Panels. 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

78405:502:0078 · plot area 2 634 m².

100% Residential Land (Freehold)

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

Apartment buildings on Akadeemia tee

40 buildings on the street · street median €2 635/m² (n=40) · real-time filterable comparison.

Address Year Built Estiq €/m² Typical Unit Energy Class
Akadeemia tee 2 1980 €2 766 ~€136 079 F View →
Akadeemia tee 4 1965 €2 880 ~€141 700 B View →
Akadeemia tee 5 1964 €2 542 ~€125 075 E ~ View →
Akadeemia tee 5a 1986 €2 425 ~€119 286 A View →
Akadeemia tee 6 1963 €2 595 ~€127 651 D View →
Akadeemia tee 7/1 2008 €2 770 ~€136 276 C ~ View →
Akadeemia tee 7/2 2008 €2 712 ~€133 443 C ~ View →
Akadeemia tee 7a 1991 €2 636 ~€129 713 E ~ View →
Akadeemia tee 21/3 This building 1986 €3 204 ~€157 637 D Active

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 · 101022351 Ministry of Regional Affairs last synced · 01.05.2026 Valid
Cadastral Unit & Land Zoning Land & Spatial Board · 78405:502:0078 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 · this building Average / Refurbished Moderate heating expenses
E 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 1986: technical utility systems require periodic updating and capital maintenance.
  • Energy class D: 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 Akadeemia tee 21/3, Tallinn?

Akadeemia tee 21/3 is a 2-story apartment building constructed in 1986, located in Mustamäe linnaosa, comprising 4 apartments. The EHR registry code is 101022351 and cadastral ID is 78405:502:0078. Estiq reports energy class D.

What is the average price per sqm and market value for apartments at Akadeemia tee 21/3?

The Estiq AVM model estimate is 3 204 €/m². The valuation range spans 2 820–3 588 €/m². The calculated fair value of a typical 2-room apartment is approximately €157 637.

How much does a 40 sqm or 50 sqm apartment cost at Akadeemia tee 21/3?

Based on the 3 204 €/m² benchmark, a 40 sqm apartment is indicatively valued at €128 160 and a 50 sqm apartment at €160 200. Actual value depends on interior condition, floor, parking, and storage.

How are apartment prices distributed by room count?

.

At what asking price should a seller list?

The strategic recommended listing price is approximately €3 364/m² (for a 2-room unit, about €165 519), 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 €600–€710 per month, generating an estimated gross yield of 4,6–5,4%.

Is Akadeemia tee 21/3 a good rental investment?

Data indicates that compact apartment layouts, proximity to transit (177 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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