Akadeemia tee 54, Tallinn

Akadeemia tee 54 is a 4-story apartment building constructed in 1964, located in Mustamäe linnaosa, comprising 48 apartments. The EHR registry code is 101015512 and cadastral ID is 78405:501:3460. Estiq reports energy class D.

The Estiq AVM model estimate is 2 511 €/m². The valuation range spans 2 365–2 657 €/m². The calculated fair value of a typical 2-room apartment is approximately €111 305.

Based on the 2 511 €/m² benchmark, a 40 sqm apartment is indicatively valued at €100 440 and a 50 sqm apartment at €125 550. Actual value depends on interior condition, floor, parking, and storage.

1-room: €81 789–€91 860; 2-room: €102 188–€114 772; 3-room: €119 451–€134 160.

The model-based indicative asking price is approximately €2 966/m² (for the typical 2-room unit, about €116 870), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €460–€560 per month, generating an estimated gross yield of 5,0–6,0%.

Buying means a loan payment of about €460 a month, renting €460–€560 — the loan payment is 10% below the rent. That is 22% (loan) and 24% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (39.4 m²) at €111,305 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €22,261 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 65 dB (Lden). Radon in soil gas: normal (30–50 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.06/m² per month in total including utilities; a typical flat paid €119 per month. Association fees excluding utilities were €0.93/m² per month. The repair fund held €41 516 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 +8.8% in total; the repair fund went from €22 595 (2021) to €41 516 (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.