Madara tänav 37, Tallinn

Madara tn 37 is a 3-story apartment building constructed in 1938, located in Kristiine linnaosa, comprising 9 apartments. The EHR registry code is 101013922 and cadastral ID is 78407:701:0297. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 3 248 €/m². The valuation range spans 2 943–3 553 €/m². The calculated fair value of a typical 2-room apartment is approximately €117 253.

Based on the 3 248 €/m² benchmark, a 40 sqm apartment is indicatively valued at €129 920 and a 50 sqm apartment at €162 400. Actual value depends on interior condition, floor, parking, and storage.

2-room: €106 820–€128 985; 3-room: €164 975–€199 208.

The model-based indicative asking price is approximately €3 410/m² (for the typical 2-room unit, about €123 116), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €480–€590 per month, generating an estimated gross yield of 4,9–5,9%.

Buying means a loan payment of about €485 a month, renting €480–€590 — the loan payment is 9% below the rent. That is 23% (loan) and 25% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (36.1 m²) at €117,253 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €23,451 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 311 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 38% were in the two best classes and 23% in the two worst (level: high). Estimated road noise at the building is 57 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, a typical flat paid the association €49 per month, plus utilities. Association fees excluding utilities were €1.60/m² per month. 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.