Mardi tänav 4, Tallinn

Mardi tn 4 is a 8-story apartment building constructed in 2015, located in Kesklinna linnaosa, comprising 32 apartments. The EHR registry code is 120668201 and cadastral ID is 78401:111:0059. Estiq reports energy class A.

The Estiq AVM model estimate is 4 272 €/m². The valuation range spans 3 866–4 678 €/m². The calculated fair value of a typical 3-room apartment is approximately €264 337.

Based on the 4 272 €/m² benchmark, a 40 sqm apartment is indicatively valued at €170 880 and a 50 sqm apartment at €213 600. Actual value depends on interior condition, floor, parking, and storage.

1-room: €191 131–€231 258; 2-room: €199 880–€241 844; 3-room: €239 225–€289 449; 4-room: €313 960–€379 874.

The model-based indicative asking price is approximately €4 193/m² (for the typical 3-room unit, about €277 554), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €920–€1 120 per month, generating an estimated gross yield of 4,1–5,1%.

Buying means a loan payment of about €1,093 a month, renting €920–€1,120 — the loan payment is 7% above the rent. That is 51% (loan) and 48% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (66.2 m²) at €264,337 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €52,867 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 69 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 58% were in the two best classes and 9% in the two worst (level: elevated). Estimated road noise at the building is 50 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 2023 annual report, a typical flat paid €143 per month in total, including utilities. Association fees excluding utilities were €0.73/m² per month, of which €0.07/m² to the repair fund. 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.