Lelle tänav 24, Tallinn

Lelle tn 24 is a 16-story apartment building constructed in 1994, located in Kesklinna linnaosa, comprising 58 apartments. The EHR registry code is 120679233 and cadastral ID is 78401:118:0122. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 3 238 €/m². The valuation range spans 2 930–3 546 €/m². The calculated fair value of a typical 2-room apartment is approximately €164 490.

Based on the 3 238 €/m² benchmark, a 50 sqm apartment is indicatively valued at €161 900 and a 75 sqm apartment at €242 850. Actual value depends on interior condition, floor, parking, and storage.

1-room: €119 152–€144 168; 2-room: €149 157–€180 472; 3-room: €190 581–€230 592; 4-room: €331 155–€400 680.

The model-based indicative asking price is approximately €3 400/m² (for the typical 2-room unit, about €172 715), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €720–€880 per month, generating an estimated gross yield of 5,3–6,3%.

Buying means a loan payment of about €680 a month, renting €720–€880 — the loan payment is 15% below the rent. That is 32% (loan) and 38% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (50.8 m²) at €164,490 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €32,898 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 5 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 34% were in the two best classes and 24% in the two worst (level: high). Estimated road noise at the building is 55 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, a typical flat paid €124 per month in total, including utilities. Association fees excluding utilities were €1.27/m² per month, of which €0.03/m² to the repair fund. The repair fund held €6 701 at year end. The association had no loans. 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.