Estiq Value / Tallinn / Lasnamäe / Majaka tn / Majaka tn 38
✓ Verified May 1, 2026 Lasnamäe · Tallinn

Majaka tn 38, Tallinn

Built in 1950, this 2-story residential building is located in Lasnamäe linnaosa · 9 apartments · estimated energy class E.

Majaka tn 38, Tallinn hoone ja korterite väärtuskaart
2 floors 9 apartments EHR 101012680 ↗ Cadastre 78403:301:1680 100% Residential Land (Freehold)

Estiq consolidates apartment price levels, AVM valuation, market trends, micro-location, living environment, EHR technical parameters, and official registry certificates in one view.

Automated Market Valuation & Building Benchmark

Majaka tn 38 is a 2-storey residential building built in 1950, with 9 apartments, estimated energy class E. The Estiq AVM benchmark is €2 860/m², 10.5% above the Lasnamäe median (notarised apartment transaction median €2 588/m²).

Majaka tn 38 is a 2-storey residential building completed in 1950 in Lasnamäe, with 9 apartments. Load-bearing structure: Brick / Masonry (EHR register). The most common unit type is 2-room apartments (5 of them). Energy class E (estimated from construction year).

Based on the Estiq valuation model and Land Board transaction registries, the building price benchmark is 2 860 €/m², which is approximately 10.5% above the Lasnamäe median (notarised apartment transaction median €2 588/m²). The building demonstrates high transaction liquidity for 2-room units, with a typical market value of around €153 296.

✓ Well Suited For

First-time home buyers, 1–2 person households, and rental investors.

⚠ Key Considerations

Estimated energy class E, open surface parking, and 1950 construction vintage.

€590–€690/mo

Modelled monthly rent for a 2-room unit (not a market measurement).

4,6–5,4%

Estimated gross rental yield for investment.

Apartment Prices & Room Breakdown

Official Building Register (EHR) apartment types and Estiq valuation ranges.

Apartment Count Typical Size €/m² Value Range
1-room 2 39.4 – 45.3 m² €3 003 €112 048–€142 606
2-room 5 51.3 – 57.1 m² €2 860 €134 900–€171 692
3-room 2 63.6 – 66.6 m² €2 746 €157 313–€200 216
Most units in the building vary: actual transaction prices depend directly on floor level, interior condition, basement storage, and parking rights.

Apartment Instant Valuation Calculator

Building benchmark + apartment-specific attributes. Select parameters to see calculated fair market value.

1-room · 42.4 m² 2-room · 53.6 m² 3-room · 65.1 m²
53,6 m² +
Needs repair −10% Good condition Renovated +10%
1st floor −2% Middle floor Top floor
Balcony / loggia +€3 000 Basement storage +€2 000 Parking space +€5 000
Calculated Fair Market Value
€158 296
ca €2 953 / m² · model estimate
Suggested Listing Price €166 211
Expected Monthly Rent €590–€690/mo
Price per m² €2 953/m²
Negotiation buffer 3–5%
Methodology: automated statistical AVM valuation based on official Land Board sales records. Does not substitute a certified appraisal report under EVS 875 standards.

Estiq Building Scorecard™

8-dimensional audit of living environment, safety, infrastructure, and market liquidity.

Composite Score
7,2 / 10
Location & Transit9,1

Sikupilli stop 135 m / 2 min; fast connection to city centre.

Weight 20%
Education & Schools6,7

Tallinna Pae Gümnaasium 535 m; state exams rating 62.2/100; kindergarten 281 m.

Weight 15%
Air Quality & Environment6,3

AQI 2 (moderate), noise level 61 dB (noisy), modelled (Lden), nearest park Pae park 680 m. Sources: Estiq noise model (CNOSSOS-EU); Estiq air-quality index derived from Keskkonnaagentuur data.

Weight 10%
Safety & Crime Risk6,8

Police open data (PPA): stable local safety baseline (1y trend: +27.3%), compliant fire safety standards.

Weight 10%
Condition & Vintage5,9

Built in 1950; load-bearing structure Brick / Masonry.

Weight 15%
Energy Efficiency & Heating5,2

No certificate is registered; the construction year (1950) implies an expected class of E. Heating type District Heating.

Weight 10%
Lifestyle & Infrastructure8,4

Pae park 680 m; grocery stores 360 m.

Weight 10%
Market Liquidity & Demand7,9

Land Board transaction volume in this micro-location (209 transactions over 12–18 mo. in the "built 1940-1970" cohort).

Weight 10%

Price Trends & Sales Strategy

Transactions in last 12 months · Land Board · Lasnamäe · built 1940-1970 cohort.

Quarterly sales price €/m² (Sample: 209 deals · built 1940-1970)
Sales ✨ Next Q Forecast +3.7% YoY
Majaka tn 38 AVM benchmark: €2 860/m² €2 372 2025 Q2 44 deals €2 563 2025 Q3 46 deals €2 476 2025 Q4 50 deals €2 621 2026 Q1 48 deals €2 459 2026 Q2 21 deals €2 540 2026 Q3 ✨ Forecast

Sales Strategy

AVM Fair Market Value
€2 860/m²
Price Band
€2 517–3 203
Suggested Listing Price
€160 961
Asking Price€3 003/m²
Negotiation room~3–5%

Location Map & 10-Min Proximity

Within a 10-minute walk, there are 14 key infrastructure facilities · Coordinates 59.427293, 24.793338 · Cadastre 78403:301:1680.

🚏 Sikupilli stop
Transit Stop · Bus / Local transit
135 m · 2 min
🚏 Majaka põik (ajutine) stop
Transit Stop · Bus / Local transit
194 m · 3 min
🚏 Pae (ajutine) stop
Transit Stop · Bus / Local transit
197 m · 3 min
🚏 Majaka põik stop
Transit Stop · Bus / Local transit
212 m · 3 min
🧒 Tallinna Sikupilli Lasteaed
Kindergarten · Pre-school education
281 m · 4 min
🛒 T1 Selver
Supermarket · Groceries & daily goods
360 m · 5 min
🛒 Sikupilli Prisma
Supermarket · Groceries & daily goods
369 m · 5 min
🎓 Tallinna Pae Gümnaasium
School · Exam rating: 62.2/100
535 m · 7 min
🛒 Ülemiste Keskus Rimi Hyper
Supermarket · Groceries & daily goods
565 m · 8 min
🧒 Tallinna Asunduse Lasteaed
Kindergarten · Pre-school education
602 m · 8 min
🛒 Paepargi Maxima XX
Supermarket · Groceries & daily goods
627 m · 8 min
🌳 Pae park
Park · Recreation & walking
680 m · 9 min
🎓 Kadrioru Saksa Gümnaasium
School · Exam rating: 60.7/100
1044 m · 14 min
🎓 Tallinna Rahvusvaheline Kool
School · Exam rating: 37.6/100
1154 m · 15 min
Exceptional walking accessibility underpins the strong micro-location rating of this building.

Neighborhood Vintage & Demographics: Lasnamäe linnaosa

Official open data from Statistics Estonia REL2021 census and Building Register EHR.

Resident Age Distribution

115 038 residents
0–17 (Children & youth) 17.9% · 20 581
18–64 (Working age) 60.3% · 69 411
65+ (Seniors & retirees) 21.8% · 25 046

Education Level (15+)

97 565 residents
Basic or primary education 13.8% · 13 499
Secondary / vocational education 42.6% · 41 563
Higher education (BSc, MSc, PhD) 40.3% · 39 336
Education unknown 3.2% · 3 167

Construction Era & Housing Stock

55 815 dwellings
Pre-War & Historic (< 1945) 1.1% · 598
Soviet Era (1946–1990) 79.4% · 44 295
Post-Independence (1991–2010) 12.9% · 7 173
Modern Developments (2011+) 6.5% · 3 613

Peak construction era: 1981–1990.

Energy Efficiency Distribution A–G

55 816 dwellings
A 2.8% · 1 562
B 3.7% · 2 051
C 6% · 3 370
D 6.8% · 3 804
E · this building 79.6% · 44 431
F–G 1.1% · 598

Building Technical Profile (At a Glance)

Official parameters verified against EHR and Land Board registries.

Year Built1950
Total Apartments9
Floors2
Energy ClassE ~
Land Ownership100% Residential Land (Freehold)
Plot Size3 956 m²
Heating SystemDistrict Heating
Load-bearing StructureBrick / Masonry
Elevators0
Staircases2
Parking Spaces42
Noise Level61 dB · noisy

EHR Technical Audit & Official Registries

Technical compliance, fire safety, elevator inspections, cadastre, and audit records.

Audits Valid

EHR · Building Register

Code 101012680 · primary occupancy permit issued.

Occupancy Permit Active

Brick / Masonry. According to EHR records, there are no outstanding enforcement orders.

View in Building Register (EHR) ↗

Rescue Board Fire Safety Inspection

Periodic inspection completed.

Fully Compliant

Evacuation corridors clear, fire barrier doors compliant, smoke extraction systems tested.

CPRA (TTJA) Elevator & Equipment Audit

0 passenger elevators have passed periodic technical inspection.

Valid

Elevators comply with applicable TTJA safety standards.

Cadastral & Land Use Status

78403:301:1680 · plot area 3 956 m².

100% Residential Land (Freehold)

Official designated purpose of the property is 100% residential land.

Apartment buildings on Majaka tn

41 buildings on the street · street median €2 758/m² (n=41) · real-time filterable comparison.

Address Year Built Estiq €/m² Typical Unit Energy Class
Majaka tn 3 1987 €2 627 ~€129 248 F View →
Majaka tn 4 1966 €2 758 ~€135 695 D View →
Majaka tn 5 1962 €3 378 ~€166 201 D View →
Majaka tn 6 1966 €2 757 ~€135 652 E ~ View →
Majaka tn 7 1961 €2 758 ~€135 691 F View →
Majaka tn 8 1964 €2 757 ~€135 654 E View →
Majaka tn 9 1962 €2 757 ~€135 625 E View →
Majaka tn 11 1961 €2 730 ~€134 340 F View →
Majaka tn 38 This building 1950 €2 860 ~€153 296 E ~ Active

Official Data Sources & Registry Verification

Direct data linkages, authoritative registries, and update timestamps.

Data Dimension Official Source Governing Authority Last Verified Status
Building Specs & Occupancy Permit EHR · 101012680 Ministry of Regional Affairs last synced · 01.05.2026 Valid
Cadastral Unit & Land Zoning Land & Spatial Board · 78403:301:1680 Land & Spatial Board last synced · 01.05.2026 Confirmed
Notarized Sales Transactions Land Board Transactions Database Land & Spatial Board last synced · Q2/Q3 2026 Synchronized
Demographics & Census Data Population Register & RL21 Statistics Estonia annual (2021 census) Official
Safety & Environmental Monitoring Noise Maps, Air Quality & Police Police Board / Environment Agency last synced · 01.05.2026 Checked
Market Rent & Gross Yield Model assumption: 4,6–5,4% gross yield on the Estiq AVM value; the monthly rent is derived from it, not measured Estiq AVM 2026 model parameters Statistical
Valuation Methodology Estiq AVM EVS 875 Valuation Framework 2026 model weights Statistical

Building Energy Rating Guide

The energy performance certificate reflects the heating efficiency and energy consumption intensity of the building.

A Nearly Zero Energy Building Extremely low energy demand
B Low Energy Building Very high thermal performance
C Energy Efficient Good standard efficiency
D Average / Refurbished Moderate heating expenses
E · this building Higher Energy Demand Noticeable heat loss; typical of older housing stock
F–G High / Very High Consumption Requires substantial energy efficiency renovation

Key Risk Factors

  • Built in 1950: technical utility systems require periodic updating and capital maintenance.
  • Estimated energy class E: expected winter heating expenses are higher than modern A/B developments.
  • Parking: on-grade surface parking on parcel/street; no separate underground garage.
  • Valuation nuance: bank collateral value for a specific unit depends fundamentally on interior finish.

Frequently Asked Questions (FAQ)

Structured answers compiled for buyers, sellers, search engines, and AI systems.

What building is located at Majaka tn 38, Tallinn?

Majaka tn 38 is a 2-story apartment building constructed in 1950, located in Lasnamäe linnaosa, comprising 9 apartments. The EHR registry code is 101012680 and cadastral ID is 78403:301:1680. Estiq reports estimated energy class E.

What is the average price per sqm and market value for apartments at Majaka tn 38?

The Estiq AVM model estimate is 2 860 €/m². The valuation range spans 2 517–3 203 €/m². The calculated fair value of a typical 2-room apartment is approximately €153 296.

How much does a 40 sqm or 50 sqm apartment cost at Majaka tn 38?

Based on the 2 860 €/m² benchmark, a 40 sqm apartment is indicatively valued at €114 400 and a 50 sqm apartment at €143 000. Actual value depends on interior condition, floor, parking, and storage.

How are apartment prices distributed by room count?

1-room: €112 048–€142 606; 2-room: €134 900–€171 692; 3-room: €157 313–€200 216.

At what asking price should a seller list?

The strategic recommended listing price is approximately €3 003/m² (for a 2-room unit, about €160 961), allowing a 3–5% negotiation buffer.

How much rental income can a 2-room apartment generate?

A 2-room apartment in good condition has an estimated market rent of €590–€690 per month, generating an estimated gross yield of 4,6–5,4%.

Is Majaka tn 38 a good rental investment?

Data indicates that compact apartment layouts, proximity to transit (135 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.

Does the Estiq online valuation replace a bank-certified appraisal?

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.

How accurate is the Estiq automated valuation (AVM)?

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.

Building data reconciled against the EHR and Land Board (Maa-amet) registries. AVM methodology by Martin Koppel, Estiq real estate valuation advisor (methodology aligned with the EVS 875 standard). This is an automated model estimate, not an EVS 875 appraisal report. Updated 01.05.2026.

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