Joa tänav 3, Tallinn

Joa tn 3 is a 5-story apartment building constructed in 2007, located in Kesklinna linnaosa, comprising 29 apartments. The EHR registry code is 120288305 and cadastral ID is 78401:115:0780. Estiq reports energy class D.

The Estiq AVM model estimate is 3 575 €/m². The valuation range spans 3 235–3 915 €/m². The calculated fair value of a typical 2-room apartment is approximately €268 484.

Based on the 3 575 €/m² benchmark, a 50 sqm apartment is indicatively valued at €178 750 and a 75 sqm apartment at €268 125. Actual value depends on interior condition, floor, parking, and storage.

1-room: €183 754–€222 332; 2-room: €245 612–€297 177; 3-room: €356 014–€430 757; 4-room: €613 994–€742 899.

The model-based indicative asking price is approximately €3 820/m² (for the typical 2-room unit, about €281 908), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €670–€820 per month, generating an estimated gross yield of 2,9–3,9%.

Buying means a loan payment of about €1,110 a month, renting €670–€820 — the loan payment is 49% above the rent. That is 52% (loan) and 35% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (73.8 m²) at €268,484 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €53,697 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 9 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 68% were in the two best classes and 6% in the two worst (level: moderate). Estimated road noise at the building is 65 dB (Lden). Radon in soil gas: normal (30–50 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.01/m² per month in total including utilities; a typical flat paid €241 per month. Association fees excluding utilities were €1.05/m² per month, of which €0.29/m² to the repair fund. The association had no loans. For comparison, the median of 73 associations in Kadrioru subdistrict was €3.19/m² per month. From 2021 to 2025 association fees changed by +42% 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.