Läänemere tee 16, Tallinn

Läänemere tee 16 is a 9-story apartment building constructed in 1989, located in Lasnamäe linnaosa, comprising 72 apartments. The EHR registry code is 101011971 and cadastral ID is 78403:307:0550. Estiq reports energy class F.

The Estiq AVM model estimate is 2 320 €/m². The valuation range spans 2 144–2 496 €/m². The calculated fair value of a typical 3-room apartment is approximately €139 860.

Based on the 2 320 €/m² benchmark, a 40 sqm apartment is indicatively valued at €92 800 and a 50 sqm apartment at €116 000. Actual value depends on interior condition, floor, parking, and storage.

1-room: €83 102–€96 773; 2-room: €111 139–€129 421; 3-room: €129 230–€150 489; 4-room: €129 230–€150 489.

The model-based indicative asking price is approximately €2 263/m² (for the typical 3-room unit, about €146 853), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €580–€710 per month, generating an estimated gross yield of 5,1–6,1%.

Buying means a loan payment of about €578 a month, renting €580–€710 — the loan payment is 10% below the rent. That is 27% (loan) and 30% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (64.9 m²) at €139,860 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €27,972 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 57 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 83% were in the two best classes and 4% in the two worst (level: moderate). Estimated road noise at the building is 56 dB (Lden). Radon in soil gas: high (150–250 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €2.53/m² per month in total including utilities; a typical flat paid €123 per month. Association fees excluding utilities were €0.78/m² per month, of which €0.33/m² to the repair fund. The association had no loans. For comparison, the median of 36 associations in Priisle subdistrict was €2.73/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.