✓ Verified May 1, 2026 Põhja-Tallinna · Tallinn

Kalaranna tn 23, Tallinn

Built in 2021, this 4-story residential building is located in Põhja-Tallinna linnaosa · 27 apartments · energy class A.

Kalaranna tn 23, Tallinn hoone ja korterite väärtuskaart
4 floors 27 apartments EHR 121334250 ↗ Cadastre 78401:101:3939 100% Residential Land (Freehold)

Estiq consolidates apartment price levels, AVM valuation, market trends, micro-location, living environment, EHR technical parameters, and official registry certificates in one view.

Automated Market Valuation & Building Benchmark

Kalaranna tn 23 is a 4-storey residential building built in 2021, with 27 apartments, energy class A. The Estiq AVM benchmark is €5 546/m², 60.2% above the Põhja-Tallinna median (notarised apartment transaction median €3 461/m²).

Kalaranna tn 23 is a 4-storey residential building completed in 2021 in Põhja-Tallinna, with 27 apartments. Load-bearing structure: Prefabricated Concrete Panels (EHR register). The most common unit type is 3-room apartments (12 of them). Energy class A (per energy certificate).

Based on the Estiq valuation model and Land Board transaction registries, the building price benchmark is 5 546 €/m², which is approximately 60.2% above the Põhja-Tallinna median (notarised apartment transaction median €3 461/m²). The building demonstrates high transaction liquidity for 2-room units, with a typical market value of around €281 182.

✓ Well Suited For

First-time home buyers, 1–2 person households, and rental investors.

⚠ Key Considerations

Energy class A, open surface parking, and 2021 construction vintage.

€1 080–€1 270/mo

Modelled monthly rent for a 2-room unit (not a market measurement).

4,6–5,4%

Estimated gross rental yield for investment.

Apartment Prices & Room Breakdown

Official Building Register (EHR) apartment types and Estiq valuation ranges.

Apartment Count Typical Size €/m² Value Range
1-room 7 29.5 – 30.6 m² €5 823 €152 190–€193 696
2-room 5 48.5 – 59.5 m² €5 546 €247 440–€314 924
3-room 12 58.8 – 63.8 m² €5 324 €290 946–€370 295
4-room 3 92.8 m² €5 158 €421 223–€536 102
Most units in the building vary: actual transaction prices depend directly on floor level, interior condition, basement storage, and parking rights.

Apartment Instant Valuation Calculator

Building benchmark + apartment-specific attributes. Select parameters to see calculated fair market value.

1-room · 29.7 m² 2-room · 50.7 m² 3-room · 62.1 m² 4-room · 92.8 m²
50,7 m² +
Needs repair −10% Good condition Renovated +10%
1st floor −2% Middle floor Top floor
Balcony / loggia +€3 000 Basement storage +€2 000 Parking space +€5 000
Calculated Fair Market Value
€286 182
ca €5 645 / m² · model estimate
Suggested Listing Price €300 491
Expected Monthly Rent €1 080–€1 270/mo
Price per m² €5 645/m²
Negotiation buffer 3–5%
Methodology: automated statistical AVM valuation based on official Land Board sales records. Does not substitute a certified appraisal report under EVS 875 standards.

Estiq Building Scorecard™

8-dimensional audit of living environment, safety, infrastructure, and market liquidity.

Composite Score
8,4 / 10
Location & Transit8,8

Lennusadam stop 259 m / 3 min; fast connection to city centre.

Weight 20%
Education & Schools6,9

Gustav Adolfi Gümnaasium 1036 m; state exams rating 75.1/100; kindergarten 240 m.

Weight 15%
Air Quality & Environment7,7

AQI 1 (good), noise level 55 dB (noticeable), modelled (Lden), nearest park Noblessneri ja Kalaranna rannapromenaad 166 m. Sources: Estiq noise model (CNOSSOS-EU); Estiq air-quality index derived from Keskkonnaagentuur data.

Weight 10%
Safety & Crime Risk7,9

Police open data (PPA): stable local safety baseline (1y trend: +11.7%), compliant fire safety standards.

Weight 10%
Condition & Vintage9,8

Built in 2021; load-bearing structure Prefabricated Concrete Panels.

Weight 15%
Energy Efficiency & Heating9,8

EHR / KredEx registered energy class A; heating type District Heating.

Weight 10%
Lifestyle & Infrastructure8,1

Noblessneri ja Kalaranna rannapromenaad 166 m; grocery stores 938 m.

Weight 10%
Market Liquidity & Demand7,8

Land Board transaction volume in this micro-location (164 transactions over 12–18 mo. in the "built 2021 ..." cohort).

Weight 10%

Price Trends & Sales Strategy

Transactions in last 12 months · Land Board · Põhja-Tallinna · built 2021 ... cohort.

Quarterly sales price €/m² (Sample: 164 deals · built 2021 ...)
Sales ✨ Next Q Forecast +30.3% YoY
Kalaranna tn 23 AVM benchmark: €5 546/m² €4 569 2025 Q2 36 deals €5 178 2025 Q3 48 deals €5 558 2025 Q4 39 deals €5 269 2026 Q1 34 deals €5 954 2026 Q2 7 deals €6 030 2026 Q3 ✨ Forecast

Sales Strategy

AVM Fair Market Value
€5 546/m²
Price Band
€4 880–6 212
Suggested Listing Price
€295 241
Asking Price€5 823/m²
Negotiation room~3–5%

Location Map & 10-Min Proximity

Within a 10-minute walk, there are 12 key infrastructure facilities · Coordinates 59.448634, 24.740399 · Cadastre 78401:101:3939.

🌳 Noblessneri ja Kalaranna rannapromenaad
Park · Recreation & walking
166 m · 2 min
🧒 Kelluke Lasteaed
Kindergarten · Pre-school education
240 m · 3 min
🚏 Lennusadam stop
Transit Stop · Bus / Local transit
259 m · 3 min
🧒 Kalamaja Lasteaed
Kindergarten · Pre-school education
337 m · 4 min
🚏 Kalamaja stop
Transit Stop · Bus / Local transit
346 m · 5 min
🚏 Kalarand stop
Transit Stop · Bus / Local transit
434 m · 6 min
🚏 Kalamaja stop
Transit Stop · Bus / Local transit
517 m · 7 min
🌳 Kalamaja kalmistupark
Park · Recreation & walking
619 m · 8 min
🧒 Mudila Lasteaed
Kindergarten · Pre-school education
645 m · 9 min
🛒 Balti Jaama Turg & Selver
Supermarket · Groceries & daily goods
938 m · 13 min
🎓 Gustav Adolfi Gümnaasium
School · Exam rating: 75.1/100
1036 m · 14 min
🎓 Vanalinna Hariduskolleegium
School · Exam rating: 63.5/100
1250 m · 17 min
Exceptional walking accessibility underpins the strong micro-location rating of this building.

Neighborhood Vintage & Demographics: Põhja-Tallinna linnaosa

Official open data from Statistics Estonia REL2021 census and Building Register EHR.

Resident Age Distribution

437 817 residents
0–17 (Children & youth) 18.7% · 81 762
18–64 (Working age) 62.4% · 273 008
65+ (Seniors & retirees) 19% · 83 047

Education Level (15+)

368 377 residents
Basic or primary education 12.7% · 46 946
Secondary / vocational education 37.4% · 137 875
Higher education (BSc, MSc, PhD) 47.1% · 173 485
Education unknown 2.7% · 10 071

Construction Era & Housing Stock

225 177 dwellings
Pre-War & Historic (< 1945) 11.1% · 25 046
Soviet Era (1946–1990) 65.7% · 147 900
Post-Independence (1991–2010) 13% · 29 357
Modern Developments (2011+) 9.2% · 20 698

Peak construction era: 1981–1990.

Energy Efficiency Distribution A–G

225 177 dwellings
A · this building 3.6% · 8 204
B 5.5% · 12 494
C 6.9% · 15 649
D 6.1% · 13 708
E 66.6% · 150 076
F–G 11.1% · 25 046

Building Technical Profile (At a Glance)

Official parameters verified against EHR and Land Board registries.

Year Built2021
Total Apartments27
Floors4
Energy ClassA
Land Ownership100% Residential Land (Freehold)
Plot Size4 711 m²
Heating SystemDistrict Heating
Load-bearing StructurePrefabricated Concrete Panels
Elevators0
Staircases2
Parking Spaces17
Noise Level55 dB · noticeable

EHR Technical Audit & Official Registries

Technical compliance, fire safety, elevator inspections, cadastre, and audit records.

Audits Valid

EHR · Building Register

Code 121334250 · primary occupancy permit issued.

Occupancy Permit Active

Prefabricated Concrete Panels. According to EHR records, there are no outstanding enforcement orders.

View in Building Register (EHR) ↗

Rescue Board Fire Safety Inspection

Periodic inspection completed.

Fully Compliant

Evacuation corridors clear, fire barrier doors compliant, smoke extraction systems tested.

CPRA (TTJA) Elevator & Equipment Audit

0 passenger elevators have passed periodic technical inspection.

Valid

Elevators comply with applicable TTJA safety standards.

Cadastral & Land Use Status

78401:101:3939 · plot area 4 711 m².

100% Residential Land (Freehold)

Official designated purpose of the property is 100% residential land.

Apartment buildings on Kalaranna tn

24 buildings on the street · street median €5 140/m² (n=24) · real-time filterable comparison.

Address Year Built Estiq €/m² Typical Unit Energy Class
Kalaranna tn 8/1 2021 €5 898 ~€290 173 B View →
Kalaranna tn 8/10 2021 €5 456 ~€268 450 B View →
Kalaranna tn 8/11 2021 €5 639 ~€277 434 B View →
Kalaranna tn 8/12 2021 €6 966 ~€342 745 B View →
Kalaranna tn 8/2 2021 €5 778 ~€284 253 B View →
Kalaranna tn 8/3 2021 €5 412 ~€266 248 B View →
Kalaranna tn 8/4 2021 €5 417 ~€266 532 B View →
Kalaranna tn 8/5 2021 €5 399 ~€265 607 B View →
Kalaranna tn 23 This building 2021 €5 546 ~€281 182 A Active

Official Data Sources & Registry Verification

Direct data linkages, authoritative registries, and update timestamps.

Data Dimension Official Source Governing Authority Last Verified Status
Building Specs & Occupancy Permit EHR · 121334250 Ministry of Regional Affairs last synced · 01.05.2026 Valid
Cadastral Unit & Land Zoning Land & Spatial Board · 78401:101:3939 Land & Spatial Board last synced · 01.05.2026 Confirmed
Notarized Sales Transactions Land Board Transactions Database Land & Spatial Board last synced · Q2/Q3 2026 Synchronized
Demographics & Census Data Population Register & RL21 Statistics Estonia annual (2021 census) Official
Safety & Environmental Monitoring Noise Maps, Air Quality & Police Police Board / Environment Agency last synced · 01.05.2026 Checked
Market Rent & Gross Yield Model assumption: 4,6–5,4% gross yield on the Estiq AVM value; the monthly rent is derived from it, not measured Estiq AVM 2026 model parameters Statistical
Valuation Methodology Estiq AVM EVS 875 Valuation Framework 2026 model weights Statistical

Building Energy Rating Guide

The energy performance certificate reflects the heating efficiency and energy consumption intensity of the building.

A · this building Nearly Zero Energy Building Extremely low energy demand
B Low Energy Building Very high thermal performance
C Energy Efficient Good standard efficiency
D Average / Refurbished Moderate heating expenses
E Higher Energy Demand Noticeable heat loss; typical of older housing stock
F–G High / Very High Consumption Requires substantial energy efficiency renovation

Key Risk Factors

  • Built in 2021: modern contemporary construction with up-to-date engineering systems.
  • energy class A: low-energy building with efficient and stable winter heating costs.
  • Parking: on-grade surface parking on parcel/street; no separate underground garage.
  • Valuation nuance: bank collateral value for a specific unit depends fundamentally on interior finish.

Frequently Asked Questions (FAQ)

Structured answers compiled for buyers, sellers, search engines, and AI systems.

What building is located at Kalaranna tn 23, Tallinn?

Kalaranna tn 23 is a 4-story apartment building constructed in 2021, located in Põhja-Tallinna linnaosa, comprising 27 apartments. The EHR registry code is 121334250 and cadastral ID is 78401:101:3939. Estiq reports energy class A.

What is the average price per sqm and market value for apartments at Kalaranna tn 23?

The Estiq AVM model estimate is 5 546 €/m². The valuation range spans 4 880–6 212 €/m². The calculated fair value of a typical 2-room apartment is approximately €281 182.

How much does a 40 sqm or 50 sqm apartment cost at Kalaranna tn 23?

Based on the 5 546 €/m² benchmark, a 40 sqm apartment is indicatively valued at €221 840 and a 50 sqm apartment at €277 300. Actual value depends on interior condition, floor, parking, and storage.

How are apartment prices distributed by room count?

1-room: €152 190–€193 696; 2-room: €247 440–€314 924; 3-room: €290 946–€370 295; 4-room: €421 223–€536 102.

At what asking price should a seller list?

The strategic recommended listing price is approximately €5 823/m² (for a 2-room unit, about €295 241), allowing a 3–5% negotiation buffer.

How much rental income can a 2-room apartment generate?

A 2-room apartment in good condition has an estimated market rent of €1 080–€1 270 per month, generating an estimated gross yield of 4,6–5,4%.

Is Kalaranna tn 23 a good rental investment?

Data indicates that compact apartment layouts, proximity to transit (259 m to stop), and active district tenant demand are positive investment drivers. Prior to purchasing, inspect individual apartment condition, utility costs, and actual occupancy demand.

Does the Estiq online valuation replace a bank-certified appraisal?

No. Estiq AVM is a data-driven statistical benchmark. Mortgage financing applications require a certified appraisal report performed by a licensed appraiser in accordance with EVS 875 standards.

How accurate is the Estiq automated valuation (AVM)?

The Estiq AVM reports a confidence band by comparable-transaction volume: ±5–8% where comparables are plentiful, ±10–14% with moderate data, ±18–25% where data is sparse. Accuracy is higher in active areas and lower for atypical properties. It is a statistical benchmark, not an EVS 875 report. See the methodology page.

Building data reconciled against the EHR and Land Board (Maa-amet) registries. AVM methodology by Martin Koppel, Estiq real estate valuation advisor (methodology aligned with the EVS 875 standard). This is an automated model estimate, not an EVS 875 appraisal report. Updated 01.05.2026.

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