Majaka tn 6, Tallinn

Majaka tn 6 is a 5-story apartment building constructed in 1966, located in Lasnamäe linnaosa, comprising 60 apartments. The EHR registry code is 101012167 and cadastral ID is 78403:301:1380. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 2 757 €/m². The valuation range spans 2 426–3 088 €/m². The calculated fair value of a typical 2-room apartment is approximately €123 514.

Based on the 2 757 €/m² benchmark, a 40 sqm apartment is indicatively valued at €110 280 and a 50 sqm apartment at €137 850. Actual value depends on interior condition, floor, parking, and storage.

1-room: €76 428–€97 272; 2-room: €108 692–€138 335; 3-room: €137 898–€175 507.

The strategic recommended listing price is approximately €2 895/m² (for a 2-room unit, about €129 690), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €470–€560 per month, generating an estimated gross yield of 4,6–5,4%.

Data indicates that compact apartment layouts, proximity to transit (114 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.