Laulupeo tänav 21, Tallinn

Laulupeo tn 21 is a 5-story apartment building constructed in 1939, located in Kesklinna linnaosa, comprising 21 apartments. The EHR registry code is 101018372 and cadastral ID is 78401:112:0026. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 3 728 €/m². The valuation range spans 3 374–4 082 €/m². The calculated fair value of a typical 2-room apartment is approximately €172 606.

Based on the 3 728 €/m² benchmark, a 40 sqm apartment is indicatively valued at €149 120 and a 50 sqm apartment at €186 400. Actual value depends on interior condition, floor, parking, and storage.

1-room: €111 578–€135 004; 2-room: €165 318–€200 026; 3-room: €211 830–€256 303; 4-room: €256 345–€310 163.

The model-based indicative asking price is approximately €3 914/m² (for the typical 2-room unit, about €181 236), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €670–€820 per month, generating an estimated gross yield of 4,7–5,7%.

Buying means a loan payment of about €714 a month, renting €670–€820 — about the same. That is 34% (loan) and 35% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (46.3 m²) at €172,606 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €34,521 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 111 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 56% were in the two best classes and 12% in the two worst (level: elevated). Estimated road noise at the building is 65 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, a typical flat paid the association €167 per month, plus utilities. The repair fund held €6 411 at year end. The association had €100 765 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.