Madala tänav 28, Tallinn

Madala tn 28 is a 4-story apartment building constructed in 1961, located in Põhja-Tallinna linnaosa, comprising 32 apartments. The EHR registry code is 101020353 and cadastral ID is 78408:805:1920. Estiq reports energy class E.

The Estiq AVM model estimate is 2 616 €/m². The valuation range spans 2 367–2 865 €/m². The calculated fair value of a typical 2-room apartment is approximately €108 053.

Based on the 2 616 €/m² benchmark, a 30 sqm apartment is indicatively valued at €78 480 and a 40 sqm apartment at €104 640. Actual value depends on interior condition, floor, parking, and storage.

1-room: €74 551–€90 203; 2-room: €98 562–€119 254.

The model-based indicative asking price is approximately €2 994/m² (for the typical 2-room unit, about €113 456), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €460–€560 per month, generating an estimated gross yield of 5,2–6,2%.

Buying means a loan payment of about €447 a month, renting €460–€560 — the loan payment is 12% below the rent. That is 21% (loan) and 24% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (37.9 m²) at €108,053 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €21,611 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 101 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 77% were in the two best classes and 7% in the two worst (level: moderate). 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, owners paid on average €3.36/m² per month in total including utilities; a typical flat paid €119 per month. Association fees excluding utilities were €0.92/m² per month, of which €0.17/m² to the repair fund. The repair fund held €38 910 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 +38% in total; the repair fund went from €26 892 (2021) to €38 910 (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.