J. Köleri tänav 23, Tallinn

J. Köleri tn 23 is a 4-story apartment building constructed in 1940, located in Kesklinna linnaosa, comprising 11 apartments. The EHR registry code is 101014629 and cadastral ID is 78401:115:2870. Estiq reports energy class E.

The Estiq AVM model estimate is 4 058 €/m². The valuation range spans 3 672–4 444 €/m². The calculated fair value of a typical 3-room apartment is approximately €240 302.

Based on the 4 058 €/m² benchmark, a 40 sqm apartment is indicatively valued at €162 320 and a 50 sqm apartment at €202 900. Actual value depends on interior condition, floor, parking, and storage.

2-room: €148 769–€180 002; 3-room: €243 245–€294 313.

The model-based indicative asking price is approximately €4 096/m² (for the typical 3-room unit, about €252 317), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €960–€1 170 per month, generating an estimated gross yield of 4,8–5,8%.

Buying means a loan payment of about €994 a month, renting €960–€1,170 — the loan payment is 7% below the rent. That is 47% (loan) and 50% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (61.6 m²) at €240,302 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €48,060 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 100 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 63% were in the two best classes and 11% in the two worst (level: elevated). Estimated road noise at the building is 60 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, owners paid on average €1.15/m² per month in total including utilities; a typical flat paid €69 per month. Association fees excluding utilities were €0.51/m² per month. The repair fund held €9 451 at year end. The association had no loans. For comparison, the median of 73 associations in Kadrioru subdistrict was €3.19/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.