Madala tänav 16, Tallinn

Madala tn 16 is a 14-story apartment building constructed in 2018, located in Põhja-Tallinna linnaosa, comprising 88 apartments. The EHR registry code is 120791623 and cadastral ID is 78408:805:0790. Estiq reports energy class B.

The Estiq AVM model estimate is 3 687 €/m². The valuation range spans 3 337–4 037 €/m². The calculated fair value of a typical 2-room apartment is approximately €186 148.

Based on the 3 687 €/m² benchmark, a 40 sqm apartment is indicatively valued at €147 480 and a 50 sqm apartment at €184 350. Actual value depends on interior condition, floor, parking, and storage.

1-room: €127 578–€154 363; 2-room: €168 115–€203 410; 3-room: €191 246–€231 398; 4-room: €259 357–€313 808.

The model-based indicative asking price is approximately €4 047/m² (for the typical 2-room unit, about €195 455), 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 4,3–5,3%.

Buying means a loan payment of about €770 a month, renting €670–€820 — about the same. That is 36% (loan) and 35% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (48.3 m²) at €186,148 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €37,230 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 113 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 79% were in the two best classes and 4% in the two worst (level: moderate). Estimated road noise at the building is 53 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 €3.35/m² per month in total including utilities; a typical flat paid €167 per month. Association fees excluding utilities were €1.37/m² per month, of which €0.54/m² to the repair fund. The repair fund held €697 at year end. The association had no loans. For comparison, the median of 124 associations in Pelguranna subdistrict was €3.03/m² per month. From 2021 to 2025 association fees changed by +71% in total; the repair fund went from €10 397 (2021) to €697 (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.