Kaupmehe tänav 4, Tallinn

Kaupmehe tn 4 is a 4-story apartment building constructed in 1954, located in Kesklinna linnaosa, comprising 40 apartments. The EHR registry code is 101012313 and cadastral ID is 78401:105:0430. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 3 510 €/m². The valuation range spans 3 177–3 843 €/m². The calculated fair value of a typical 2-room apartment is approximately €201 144.

Based on the 3 510 €/m² benchmark, a 40 sqm apartment is indicatively valued at €140 400 and a 50 sqm apartment at €175 500. Actual value depends on interior condition, floor, parking, and storage.

2-room: €180 776–€218 728; 3-room: €206 512–€249 868.

The model-based indicative asking price is approximately €3 654/m² (for the typical 2-room unit, about €211 201), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €610–€750 per month, generating an estimated gross yield of 3,6–4,6%.

Buying means a loan payment of about €832 a month, renting €610–€750 — the loan payment is 22% above the rent. That is 39% (loan) and 32% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (57.8 m²) at €201,144 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €40,229 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 150 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 51% were in the two best classes and 19% in the two worst (level: elevated). Estimated road noise at the building is 64 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 €4.99/m² per month in total including utilities; a typical flat paid €228 per month. Association fees excluding utilities were €1.99/m² per month, of which €0.91/m² to the repair fund. The association had €822 868 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.