What building is located at Mere pst 8a, Tallinn?
Mere pst 8a is a 4-story apartment building constructed in 1886, located in Kesklinna linnaosa, comprising 16 apartments. The EHR registry code is 101015249 and cadastral ID is 78401:114:0053. Estiq reports estimated energy class E.
What is the average price per sqm and market value for apartments at Mere pst 8a?
The Estiq AVM model estimate is 4 242 €/m². The valuation range spans 3 839–4 645 €/m². The calculated fair value of a typical 1-room apartment is approximately €83 282.
How much does a 50 sqm or 75 sqm apartment cost at Mere pst 8a?
Based on the 4 242 €/m² benchmark, a 50 sqm apartment is indicatively valued at €212 100 and a 75 sqm apartment at €318 150. Actual value depends on interior condition, floor, parking, and storage.
How are apartment prices distributed by room count?
1-room: €91 262–€110 422; 2-room: €162 957–€197 169; 3-room: €207 690–€251 294; 4-room: €302 632–€366 168.
At what indicative asking price should a seller list?
The model-based indicative asking price is approximately €5 268/m² (for the typical 1-room unit, about €87 446), allowing a 3–5% negotiation buffer.
How much rental income can a 1-room apartment generate?
A 1-room apartment in good condition has an estimated market rent of €520–€640 per month, generating an estimated gross yield of 7,8–8,8%.
Is Mere pst 8a a good rental investment?
Data indicates that compact apartment layouts, proximity to transit (41 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.
What is the area around Mere pst 8a like: safety, air, noise and radon?
Police open data list 184 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 40% were in the two best classes and 19% in the two worst (level: elevated). Estimated road noise at the building is 65 dB (Lden). Radon in soil gas: normal (30–50 kBq/m³). These describe the area, not a specific apartment.
What are the running costs at Mere pst 8a?
According to the apartment association's 2025 annual report, a typical flat paid the association €143 per month, plus utilities. Association fees excluding utilities were €4.71/m² per month, of which €3.24/m² to the repair fund. The repair fund held €89 717 at year end. The association had €32 024 of loans outstanding. See the association figures.
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. Order a valuation →
How accurate is the Estiq automated valuation (AVM)?
In a blind test (May–September 2026) the Estiq AVM had a median error of 9.5% in Tallinn and 12.1% elsewhere in Estonia; in Tallinn 83% of estimates fell within ±20%. Accuracy is higher in active areas and lower for atypical properties. The range on this page depends on how much local data there is. 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 04.10.2026.