Ilmarise tänav 21, Tallinn

Ilmarise tn 21 is a 6-story apartment building constructed in 1972, located in Nõmme linnaosa, comprising 22 apartments. The EHR registry code is 101014865 and cadastral ID is 78404:407:6660. Estiq reports energy class F.

The Estiq AVM model estimate is 2 741 €/m². The valuation range spans 2 448–3 034 €/m². The calculated fair value of a typical 3-room apartment is approximately €175 751.

Based on the 2 741 €/m² benchmark, a 40 sqm apartment is indicatively valued at €109 640 and a 50 sqm apartment at €137 050. Actual value depends on interior condition, floor, parking, and storage.

1-room: €130 816–€162 165; 2-room: €122 875–€152 321; 3-room: €160 940–€199 507; 4-room: €190 978–€236 744.

The model-based indicative asking price is approximately €2 763/m² (for the typical 3-room unit, about €184 539), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €690–€840 per month, generating an estimated gross yield of 4,7–5,7%.

Buying means a loan payment of about €727 a month, renting €690–€840 — the loan payment is 5% below the rent. That is 34% (loan) and 36% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (66.8 m²) at €175,751 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €35,150 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 19 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 73% were in the two best classes and 6% in the two worst (level: moderate). Estimated road noise at the building is 45 dB (Lden). These describe the area, not a specific apartment.

Association fees excluding utilities were €2.95/m² per month. The association had €123 970 of loans outstanding. 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.