Ilmarise tänav 15, Tallinn

Ilmarise tn 15 is a 5-story apartment building constructed in 2017, located in Nõmme linnaosa, comprising 60 apartments. The EHR registry code is 101020014 and cadastral ID is 78404:407:8030. Estiq reports energy class H.

The Estiq AVM model estimate is 2 544 €/m². The valuation range spans 2 272–2 816 €/m². The calculated fair value of a typical 2-room apartment is approximately €115 932.

Based on the 2 544 €/m² benchmark, a 40 sqm apartment is indicatively valued at €101 760 and a 50 sqm apartment at €127 200. Actual value depends on interior condition, floor, parking, and storage.

1-room: €76 012–€94 228; 2-room: €105 427–€130 692; 3-room: €132 367–€164 088.

The model-based indicative asking price is approximately €2 792/m² (for the typical 2-room unit, about €121 729), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €560–€680 per month, generating an estimated gross yield of 5,9–6,9%.

Buying means a loan payment of about €479 a month, renting €560–€680 — the loan payment is 23% below the rent. That is 23% (loan) and 29% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (43.6 m²) at €115,932 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €23,186 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 2 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 71% were in the two best classes and 6% in the two worst (level: moderate). Estimated road noise at the building is 45 dB (Lden). Radon in soil gas: low (10–30 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.12/m² per month in total including utilities; a typical flat paid €136 per month. Association fees excluding utilities were €1.39/m² per month, of which €0.53/m² to the repair fund. The association had €3 309 of loans outstanding. From 2021 to 2025 association fees changed by +57% 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.