Kanepi tänav 3, Tallinn

Kanepi tn 3 is a 3-story apartment building constructed in 1959, located in Põhja-Tallinna linnaosa, comprising 9 apartments. The EHR registry code is 101018772 and cadastral ID is 78408:806:0005. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 2 574 €/m². The valuation range spans 2 329–2 819 €/m². The calculated fair value of a typical 2-room apartment is approximately €134 281.

Based on the 2 574 €/m² benchmark, a 40 sqm apartment is indicatively valued at €102 960 and a 50 sqm apartment at €128 700. Actual value depends on interior condition, floor, parking, and storage.

2-room: €128 830–€155 878; 3-room: €138 200–€167 215.

The model-based indicative asking price is approximately €2 826/m² (for the typical 2-room unit, about €140 995), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €590–€720 per month, generating an estimated gross yield of 5,3–6,3%.

Buying means a loan payment of about €555 a month, renting €590–€720 — the loan payment is 15% below the rent. That is 26% (loan) and 31% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (49.9 m²) at €134,281 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €26,856 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 101 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 71% were in the two best classes and 11% in the two worst (level: elevated). Estimated road noise at the building is 53 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 €1.59/m² per month in total including utilities; a typical flat paid €87 per month. Association fees excluding utilities were €0.85/m² per month, of which €0.12/m² to the repair fund. The repair fund held €14 737 at year end. The association had €1 144 of loans outstanding. For comparison, the median of 35 associations in Sitsi subdistrict was €2.97/m² per month. From 2021 to 2025 association fees changed by +67% in total; the repair fund went from €11 396 (2021) to €14 737 (2025). 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.