Ehitajate tee 23a, Tallinn

Ehitajate tee 23a is a 5-story apartment building constructed in 1969, located in Mustamäe linnaosa, comprising 60 apartments. The EHR registry code is 101010997 and cadastral ID is 78405:501:3063. Estiq reports energy class E.

The Estiq AVM model estimate is 2 468 €/m². The valuation range spans 2 325–2 611 €/m². The calculated fair value of a typical 2-room apartment is approximately €113 096.

Based on the 2 468 €/m² benchmark, a 40 sqm apartment is indicatively valued at €98 720 and a 50 sqm apartment at €123 400. Actual value depends on interior condition, floor, parking, and storage.

1-room: €79 033–€88 766; 2-room: €108 730–€122 119; 3-room: €133 772–€150 244.

The model-based indicative asking price is approximately €2 717/m² (for the typical 2-room unit, about €118 751), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €500–€610 per month, generating an estimated gross yield of 5,4–6,4%.

Buying means a loan payment of about €468 a month, renting €500–€610 — the loan payment is 16% below the rent. That is 22% (loan) and 26% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (43.7 m²) at €113,096 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €22,619 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 €2.76/m² per month in total including utilities; a typical flat paid €126 per month. Association fees excluding utilities were €1.29/m² per month, of which €0.72/m² to the repair fund. The association had €12 444 of loans outstanding. For comparison, the median of 241 associations in Mustamäe subdistrict was €2.93/m² per month. From 2021 to 2025 association fees changed by +179% 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.