Kesk-Kalamaja tänav 5, Tallinn

Kesk-Kalamaja tn 5 is a 2-story apartment building constructed in 2020, located in Põhja-Tallinna linnaosa, comprising 4 apartments. The EHR registry code is 101024390 and cadastral ID is 78408:801:6250. Estiq reports estimated energy class D.

The Estiq AVM model estimate is 3 200 €/m². The valuation range spans 2 896–3 504 €/m². The calculated fair value of a typical 2-room apartment is approximately €233 600.

Based on the 3 200 €/m² benchmark, a 40 sqm apartment is indicatively valued at €128 000 and a 50 sqm apartment at €160 000. Actual value depends on interior condition, floor, parking, and storage.

2-room: €211 698–€256 142.

The model-based indicative asking price is approximately €3 360/m² (for the typical 2-room unit, about €245 280), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €1 000–€1 220 per month, generating an estimated gross yield of 5,2–6,2%.

Buying means a loan payment of about €966 a month, renting €1,000–€1,220 — the loan payment is 13% below the rent. That is 45% (loan) and 52% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (73.0 m²) at €233,600 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €46,720 down payment; rent from nearby offers; association and state fees excluded.

Air: of the last 12 months' hourly readings, 61% were in the two best classes and 11% in the two worst (level: elevated). Estimated road noise at the building is 63 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €1.63/m² per month in total including utilities; a typical flat paid €125 per month. Association fees excluding utilities were €0.61/m² per month, of which €0.47/m² to the repair fund. The repair fund held €6 411 at year end. The association had no loans. For comparison, the median of 184 associations in Kalamaja subdistrict was €2.97/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.