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Estiq Value / Tallinn / Kesklinna / Narva mnt / Narva mnt 16
✓ Verified May 1, 2026 Kesklinna · Tallinn

Narva mnt 16, Tallinn

Built in 1940, this 4-story residential building is located in Kesklinna linnaosa · 36 apartments · energy class E.

Narva mnt 16, Tallinn hoone ja korterite väärtuskaart
4 floors 36 apartments EHR 101042977 ↗ Cadastre 78401:113:1750 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.

Value your apartment in this building → Consult a Kesklinna specialist

Automated Market Valuation & Building Benchmark

Narva mnt 16 is a 4-storey residential building built in 1940, with 36 apartments, energy class E. The Estiq AVM benchmark is €3 995/m², 1.0% above the Kesklinna median (notarised apartment transaction median €3 954/m²).

Narva mnt 16 is a 4-storey residential building completed in 1940 in Kesklinna, with 36 apartments. Load-bearing structure: Brick / Masonry (EHR register). The most common unit type is 2-room apartments (25 of them). Energy class E (per energy certificate).

Based on the Estiq valuation model and Land Board transaction registries, the building price benchmark is 3 995 €/m², which is approximately 1.0% above the Kesklinna median (notarised apartment transaction median €3 954/m²). The building demonstrates high transaction liquidity for 2-room units, with a typical market value of around €230 512.

✓ Well Suited For

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

⚠ Key Considerations

Energy class E, open surface parking, and 1940 construction vintage.

€880–€1 040/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 5 38.2 – 40.7 m² €4 195 €144 711–€184 177
2-room 25 38.6 – 61.2 m² €3 995 €202 850–€258 173
3-room 6 76.5 – 78.8 m² €3 835 €261 884–€333 308
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 · 39.2 m² 2-room · 57.7 m² 3-room · 77.6 m²
− 57,7 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
€235 512
ca €4 082 / m² · model estimate
Suggested Listing Price €247 288
Expected Monthly Rent €880–€1 040/mo
Price per m² €4 082/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
7,1 / 10
Location & Transit9,1

Pronksi stop 121 m / 2 min; fast connection to city centre.

Weight 20%
Education & Schools5,8

Tallinna Juudi Kool 135 m; state exams rating 49.4/100; kindergarten 946 m.

Weight 15%
Air Quality & Environment6,3

AQI 2 (moderate), noise level 63 dB (noisy), modelled (Lden), nearest park Politseiaed 567 m. Sources: Estiq noise model (CNOSSOS-EU); Estiq air-quality index derived from Keskkonnaagentuur data.

Weight 10%
Safety & Crime Risk6,7

Police open data (PPA): stable local safety baseline (1y trend: -18.4%), compliant fire safety standards.

Weight 10%
Condition & Vintage5,9

Built in 1940; load-bearing structure Brick / Masonry.

Weight 15%
Energy Efficiency & Heating5,2

EHR / KredEx registered energy class E; heating type District Heating.

Weight 10%
Lifestyle & Infrastructure8,5

Politseiaed 567 m; grocery stores 395 m.

Weight 10%
Market Liquidity & Demand8,3

Land Board transaction volume in this micro-location (516 transactions over 12–18 mo. in the "built 1940-1970" cohort).

Weight 10%

Price Trends & Sales Strategy

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

Quarterly sales price €/m² (Sample: 516 deals · built 1940-1970)
Sales ✨ Next Q Forecast +11.3% YoY
Narva mnt 16 AVM benchmark: €3 995/m² €3 003 2025 Q2 113 deals €3 168 2025 Q3 116 deals €3 143 2025 Q4 129 deals €3 375 2026 Q1 108 deals €3 342 2026 Q2 50 deals €3 440 2026 Q3 ✨ Forecast

Sales Strategy

AVM Fair Market Value
€3 995/m²
Price Band
€3 516–4 474
Suggested Listing Price
€242 038
Asking Price€4 195/m²
Negotiation room~3–5%

Location Map & 10-Min Proximity

Within a 10-minute walk, there are 15 key infrastructure facilities · Coordinates 59.437456, 24.765887 · Cadastre 78401:113:1750.

🚏 Pronksi stop
Transit Stop · Bus / Local transit
121 m · 2 min
🚏 Raua stop
Transit Stop · Bus / Local transit
131 m · 2 min
🎓 Tallinna Juudi Kool
School · Exam rating: 49.4/100
135 m · 2 min
🚏 Pronksi (ajutine) stop
Transit Stop · Bus / Local transit
216 m · 3 min
🎓 Tallinna Muusikakeskkool
School · Exam rating: 56.5/100
220 m · 3 min
🚏 F. R. Kreutzwaldi stop
Transit Stop · Bus / Local transit
241 m · 3 min
🎓 Tallinna 21. Kool
School · Exam rating: 75/100
254 m · 3 min
🛒 Nautica Rimi Hyper
Supermarket · Groceries & daily goods
395 m · 5 min
🌳 Politseiaed
Park · Recreation & walking
567 m · 8 min
🛒 Kaubamaja Toidumaailm
Supermarket · Groceries & daily goods
582 m · 8 min
🛒 Torupilli Selver
Supermarket · Groceries & daily goods
598 m · 8 min
🛒 Stockmann Delikatess
Supermarket · Groceries & daily goods
753 m · 10 min
🌳 Tammsaare park
Park · Recreation & walking
815 m · 11 min
🧒 Tallinna Liivamäe Lasteaed
Kindergarten · Alusharidus
946 m · 13 min
🌳 Lembitu park
Park · Recreation & walking
983 m · 13 min
Exceptional walking accessibility underpins the strong micro-location rating of this building.

Neighborhood Vintage & Demographics: Kesklinna linnaosa

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

Resident Age Distribution

64 551 residents
0–17 (Children & youth) 19.9% · 12 854
18–64 (Working age) 67.2% · 43 399
65+ (Seniors & retirees) 12.9% · 8 298

Education Level (15+)

53 514 residents
Basic or primary education 9.4% · 5 016
Secondary / vocational education 28% · 14 969
Higher education (BSc, MSc, PhD) 59% · 31 582
Education unknown 3.6% · 1 947

Construction Era & Housing Stock

36 655 dwellings
Pre-War & Historic (< 1945) 34.5% · 12 631
Soviet Era (1946–1990) 33.1% · 12 127
Post-Independence (1991–2010) 19.2% · 7 050
Modern Developments (2011+) 11.7% · 4 298

Peak construction era: 1919–1945.

Energy Efficiency Distribution A–G

36 656 dwellings
A 4% · 1 468
B 7.7% · 2 830
C 9.7% · 3 539
D 9.6% · 3 512
E · this building 34.6% · 12 676
F–G 34.5% · 12 631

Building Technical Profile (At a Glance)

Official parameters verified against EHR and Land Board registries.

Year Built1940
Total Apartments36
Floors4
Energy ClassE
Land Ownership100% Residential Land (Freehold)
Plot Size3 850 m²
Heating SystemDistrict Heating
Load-bearing StructureBrick / Masonry
Elevators0
Staircases2
Parking Spaces36
Noise Level63 dB · noisy

EHR Technical Audit & Official Registries

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

Audits Valid

EHR · Building Register

Code 101042977 · 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

78401:113:1750 · plot area 3 850 m².

100% Residential Land (Freehold)

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

Apartment buildings on Narva mnt

8 buildings on the street · street median €3 790/m² (n=8) · real-time filterable comparison.

Address Year Built Estiq €/m² Typical Unit Energy Class
Narva mnt 5 2007 €4 472 ~€220 027 C ~ View →
Narva mnt 9a — €3 839 ~€188 898 D View →
Narva mnt 10 1940 €3 740 ~€184 004 E ~ View →
Narva mnt 14 1958 €3 970 ~€195 330 E View →
Narva mnt 16 This building 1940 €3 995 ~€230 512 E Active
Narva mnt 61 1940 €3 609 ~€177 539 E ~ View →
Narva mnt 80 1870 €3 730 ~€183 540 E View →
Narva mnt 100 1963 €3 361 ~€165 345 E ~ View →

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 · 101042977 Ministry of Regional Affairs last synced · 01.05.2026 Valid
Cadastral Unit & Land Zoning Land & Spatial Board · 78401:113:1750 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 1940: technical utility systems require periodic updating and capital maintenance.
  • 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 Narva mnt 16, Tallinn?

Narva mnt 16 is a 4-story apartment building constructed in 1940, located in Kesklinna linnaosa, comprising 36 apartments. The EHR registry code is 101042977 and cadastral ID is 78401:113:1750. Estiq reports energy class E.

What is the average price per sqm and market value for apartments at Narva mnt 16?

The Estiq AVM model estimate is 3 995 €/m². The valuation range spans 3 516–4 474 €/m². The calculated fair value of a typical 2-room apartment is approximately €230 512.

How much does a 40 sqm or 50 sqm apartment cost at Narva mnt 16?

Based on the 3 995 €/m² benchmark, a 40 sqm apartment is indicatively valued at €159 800 and a 50 sqm apartment at €199 750. Actual value depends on interior condition, floor, parking, and storage.

How are apartment prices distributed by room count?

1-room: €144 711–€184 177; 2-room: €202 850–€258 173; 3-room: €261 884–€333 308.

At what asking price should a seller list?

The strategic recommended listing price is approximately €4 195/m² (for a 2-room unit, about €242 038), 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 €880–€1 040 per month, generating an estimated gross yield of 4,6–5,4%.

Is Narva mnt 16 a good rental investment?

Data indicates that compact apartment layouts, proximity to transit (121 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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