Narva mnt 5, Tallinn

Narva mnt 5 is a 8-story apartment building constructed in 2007, located in Kesklinna linnaosa, comprising 148 apartments. The EHR registry code is 120275245 and cadastral ID is 78401:114:0011. Estiq reports estimated energy class C.

The Estiq AVM model estimate is 3 729 €/m². The valuation range spans 3 375–4 083 €/m². The calculated fair value of a typical 1-room apartment is approximately €150 898.

Based on the 3 729 €/m² benchmark, a 50 sqm apartment is indicatively valued at €186 450 and a 75 sqm apartment at €279 675. Actual value depends on interior condition, floor, parking, and storage.

1-room: €143 427–€173 538; 2-room: €212 877–€257 569; 3-room: €358 363–€433 599; 4-room: €464 381–€561 876.

The model-based indicative asking price is approximately €4 192/m² (for the typical 1-room unit, about €158 443), allowing a 3–5% negotiation buffer.

A 1-room apartment in good condition has an estimated market rent of €480–€580 per month, generating an estimated gross yield of 3,7–4,7%.

Buying means a loan payment of about €624 a month, renting €480–€580 — the loan payment is 18% above the rent. That is 29% (loan) and 25% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 1-room flat (37.8 m²) at €150,898 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €30,180 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, 33% were in the two best classes and 20% in the two worst (level: high). Estimated road noise at the building is 64 dB (Lden). Radon in soil gas: low (10–30 kBq/m³). These describe the area, not a specific apartment.

Association fees excluding utilities were €1.22/m² per month, of which €0.18/m² to the repair fund. The repair fund held €52 023 at year end. The association had no loans. From 2021 to 2025 association fees changed by +22% in total; the repair fund went from €37 867 (2021) to €52 023 (2025). 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.