Lasnamäe tänav 40, Tallinn

Lasnamäe tn 40 is a 4-story apartment building constructed in 1987, located in Lasnamäe linnaosa, comprising 48 apartments. The EHR registry code is 101013099 and cadastral ID is 78403:301:1370. Estiq reports energy class E.

The Estiq AVM model estimate is 2 454 €/m². The valuation range spans 2 267–2 641 €/m². The calculated fair value of a typical 2-room apartment is approximately €106 267.

Based on the 2 454 €/m² benchmark, a 40 sqm apartment is indicatively valued at €98 160 and a 50 sqm apartment at €122 700. Actual value depends on interior condition, floor, parking, and storage.

2-room: €98 691–€114 925; 3-room: €112 833–€131 394.

The model-based indicative asking price is approximately €2 839/m² (for the typical 2-room unit, about €111 580), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €420–€520 per month, generating an estimated gross yield of 4,8–5,8%.

Buying means a loan payment of about €439 a month, renting €420–€520 — the loan payment is 7% below the rent. That is 21% (loan) and 22% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (39.3 m²) at €106,267 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €21,253 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 78 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 70% were in the two best classes and 5% in the two worst (level: moderate). Estimated road noise at the building is 50 dB (Lden). Radon in soil gas: normal (30–50 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.33/m² per month in total including utilities; a typical flat paid €136 per month. Association fees excluding utilities were €1.98/m² per month, of which €1.48/m² to the repair fund. The repair fund held €21 166 at year end. The association had no loans. For comparison, the median of 136 associations in Sikupilli subdistrict was €3.07/m² per month. From 2021 to 2025 association fees changed by +118% in total; the repair fund went from €42 595 (2021) to €21 166 (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.