Lennuki tänav 16, Tallinn

Lennuki tn 16 is a 6-story apartment building constructed in 1970, located in Kesklinna linnaosa, comprising 20 apartments. The EHR registry code is 101011702 and cadastral ID is 78401:104:0280. Estiq reports energy class C.

The Estiq AVM model estimate is 3 391 €/m². The valuation range spans 3 069–3 713 €/m². The calculated fair value of a typical 3-room apartment is approximately €246 938.

Based on the 3 391 €/m² benchmark, a 50 sqm apartment is indicatively valued at €169 550 and a 75 sqm apartment at €254 325. Actual value depends on interior condition, floor, parking, and storage.

2-room: €223 324–€270 210; 3-room: €236 065–€285 625; 4-room: €277 819–€336 146.

The model-based indicative asking price is approximately €3 562/m² (for the typical 3-room unit, about €259 285), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €840–€1 030 per month, generating an estimated gross yield of 4,1–5,1%.

Buying means a loan payment of about €1,021 a month, renting €840–€1,030 — the loan payment is 9% above the rent. That is 48% (loan) and 44% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (72.8 m²) at €246,938 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €49,388 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 1524 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 54% were in the two best classes and 10% in the two worst (level: elevated). Estimated road noise at the building is 64 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, owners paid on average €2.50/m² per month in total including utilities; a typical flat paid €183 per month. Association fees excluding utilities were €1.71/m² per month. The repair fund held €111 891 at year end. The association had €150 654 of loans outstanding. For comparison, the median of 709 associations in Kesklinn district was €3.29/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.