Heina tänav 23b, Tallinn

Heina tn 23b is a 4-story apartment building constructed in 2007, located in Põhja-Tallinna linnaosa, comprising 9 apartments. The EHR registry code is 120288360 and cadastral ID is 78408:803:1840. Estiq reports energy class E.

The Estiq AVM model estimate is 3 200 €/m². The valuation range spans 2 896–3 504 €/m². The calculated fair value of a typical 4-room apartment is approximately €228 557.

Based on the 3 200 €/m² benchmark, a 50 sqm apartment is indicatively valued at €160 000 and a 75 sqm apartment at €240 000. Actual value depends on interior condition, floor, parking, and storage.

2-room: €136 691–€165 389; 3-room: €242 708–€293 663; 4-room: €236 470–€286 116.

The model-based indicative asking price is approximately €3 125/m² (for the typical 4-room unit, about €239 985), allowing a 3–5% negotiation buffer.

A 4-room apartment in good condition has an estimated market rent of €1 580–€1 930 per month, generating an estimated gross yield of 8,7–9,7%.

Buying means a loan payment of about €945 a month, renting €1,580–€1,930 — the loan payment is 46% below the rent. That is 44% (loan) and 83% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 4-room flat (76.8 m²) at €228,557 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €45,711 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 32 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 57% were in the two best classes and 14% in the two worst (level: elevated). Estimated road noise at the building is 53 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €4.41/m² per month in total including utilities; a typical flat paid €200 per month. Association fees excluding utilities were €1.93/m² per month, of which €0.84/m² to the repair fund. The repair fund held €2 524 at year end. The association had €12 930 of loans outstanding. For comparison, the median of 217 associations in Pelgulinna subdistrict was €2.89/m² per month. 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.