Luste tänav 5, Tallinn

Luste tn 5 is a 2-story apartment building constructed in 1961, located in Põhja-Tallinna linnaosa, comprising 8 apartments. The EHR registry code is 101018629 and cadastral ID is 78408:803:0035. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 3 200 €/m². The valuation range spans 2 896–3 504 €/m². The calculated fair value of a typical 2-room apartment is approximately €148 800.

Based on the 3 200 €/m² benchmark, a 40 sqm apartment is indicatively valued at €128 000 and a 50 sqm apartment at €160 000. Actual value depends on interior condition, floor, parking, and storage.

2-room: €135 533–€163 987; 3-room: €131 502–€159 110.

The model-based indicative asking price is approximately €3 360/m² (for the typical 2-room unit, about €156 240), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €470–€580 per month, generating an estimated gross yield of 3,7–4,7%.

Buying means a loan payment of about €615 a month, renting €470–€580 — the loan payment is 17% above the rent. That is 29% (loan) and 25% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (46.5 m²) at €148,800 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €29,760 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 60 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 75% were in the two best classes and 6% in the two worst (level: moderate). Estimated road noise at the building is 60 dB (Lden). These describe the area, not a specific apartment.

Association fees excluding utilities were €3.13/m² per month. The repair fund held €5 673 at year end. The association had €71 588 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.