Akadeemia tee 38, Tallinn

Akadeemia tee 38 is a 5-story apartment building constructed in 1988, located in Mustamäe linnaosa, comprising 182 apartments. The EHR registry code is 101019808 and cadastral ID is 78405:501:0077. Estiq reports energy class D.

The Estiq AVM model estimate is 2 596 €/m². The valuation range spans 2 445–2 747 €/m². The calculated fair value of a typical 1-room apartment is approximately €66 276.

Based on the 2 596 €/m² benchmark, a 30 sqm apartment is indicatively valued at €77 880 and a 40 sqm apartment at €103 840. Actual value depends on interior condition, floor, parking, and storage.

1-room: €53 622–€60 226; 2-room: €89 579–€100 609.

The model-based indicative asking price is approximately €4 269/m² (for the typical 1-room unit, about €69 590), allowing a 3–5% negotiation buffer.

A 1-room apartment in good condition has an estimated market rent of €310–€380 per month, generating an estimated gross yield of 5,7–6,7%.

Buying means a loan payment of about €274 a month, renting €310–€380 — the loan payment is 21% below the rent. That is 13% (loan) and 16% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 1-room flat (16.3 m²) at €66,276 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €13,255 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, 69% were in the two best classes and 9% in the two worst (level: elevated). Estimated road noise at the building is 60 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, a typical flat paid €47 per month in total, including utilities. The repair fund held €84 477 at year end. The association had no loans. From 2021 to 2025 association fees changed by +138% in total; the repair fund went from €108 159 (2021) to €84 477 (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.