Narva mnt 12, Tallinn

Narva mnt 12 is a 5-story apartment building constructed in 1955, located in Kesklinna linnaosa, comprising 20 apartments. The EHR registry code is 101016523 and cadastral ID is 78401:103:0560. Estiq reports energy class E.

The Estiq AVM model estimate is 3 479 €/m². The valuation range spans 3 148–3 810 €/m². The calculated fair value of a typical 2-room apartment is approximately €184 735.

Based on the 3 479 €/m² benchmark, a 40 sqm apartment is indicatively valued at €139 160 and a 50 sqm apartment at €173 950. Actual value depends on interior condition, floor, parking, and storage.

2-room: €170 019–€205 713; 3-room: €205 824–€249 036.

The model-based indicative asking price is approximately €3 653/m² (for the typical 2-room unit, about €193 972), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €610–€750 per month, generating an estimated gross yield of 3,9–4,9%.

Buying means a loan payment of about €764 a month, renting €610–€750 — the loan payment is 12% above the rent. That is 36% (loan) and 32% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (53.1 m²) at €184,735 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €36,947 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 1524 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 32% were in the two best classes and 19% in the two worst (level: elevated). Estimated road noise at the building is 60 dB (Lden). Radon in soil gas: low (10–30 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.79/m² per month in total including utilities; a typical flat paid €188 per month. Association fees excluding utilities were €1.26/m² per month, of which €0.42/m² to the repair fund. The repair fund held €41 770 at year end. The association had €4 842 of loans outstanding. For comparison, the median of 21 associations in Kompassi subdistrict was €3.74/m² per month. 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.