Herne tänav 17, Tallinn

Herne tn 17 is a 4-story apartment building constructed in 2003, located in Kesklinna linnaosa, comprising 30 apartments. The EHR registry code is 120243612 and cadastral ID is 78401:110:0400. Estiq reports energy class D.

The Estiq AVM model estimate is 3 877 €/m². The valuation range spans 3 509–4 245 €/m². The calculated fair value of a typical 2-room apartment is approximately €226 805.

Based on the 3 877 €/m² benchmark, a 40 sqm apartment is indicatively valued at €155 080 and a 50 sqm apartment at €193 850. Actual value depends on interior condition, floor, parking, and storage.

2-room: €193 679–€234 341; 3-room: €216 559–€262 024; 4-room: €268 831–€325 271.

The model-based indicative asking price is approximately €4 071/m² (for the typical 2-room unit, about €238 145), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €600–€730 per month, generating an estimated gross yield of 3,0–4,0%.

Buying means a loan payment of about €938 a month, renting €600–€730 — the loan payment is 41% above the rent. That is 44% (loan) and 31% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (58.5 m²) at €226,805 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €45,361 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 56 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 62% were in the two best classes and 14% in the two worst (level: elevated). Estimated road noise at the building is 63 dB (Lden). Radon in soil gas: high (50–100 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, a typical flat paid €180 per month in total, including utilities. The repair fund held €22 400 at year end. The association had no loans. 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.