Majaka tn 19, Tallinn

Majaka tn 19 is a 4-story apartment building constructed in 1960, located in Lasnamäe linnaosa, comprising 32 apartments. The EHR registry code is 101017565 and cadastral ID is 78403:301:1740. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 2 729 €/m². The valuation range spans 2 402–3 056 €/m². The calculated fair value of a typical 2-room apartment is approximately €108 887.

Based on the 2 729 €/m² benchmark, a 40 sqm apartment is indicatively valued at €109 160 and a 50 sqm apartment at €136 450. Actual value depends on interior condition, floor, parking, and storage.

2-room: €95 821–€121 954; 3-room: €113 205–€144 079.

The strategic recommended listing price is approximately €2 865/m² (for a 2-room unit, about €114 331), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €420–€490 per month, generating an estimated gross yield of 4,6–5,4%.

Data indicates that compact apartment layouts, proximity to transit (84 m to stop), and active district tenant demand are positive investment drivers. Prior to purchasing, inspect individual apartment condition, utility costs, and actual occupancy demand.

No. Estiq AVM is a data-driven statistical benchmark. Mortgage financing applications require a certified appraisal report performed by a licensed appraiser in accordance with EVS 875 standards.

The Estiq AVM reports a confidence band by comparable-transaction volume: ±5–8% where comparables are plentiful, ±10–14% with moderate data, ±18–25% where data is sparse. Accuracy is higher in active areas and lower for atypical properties. It is a statistical benchmark, not an EVS 875 report. See the methodology page.