Nelgi tänav 29, Tallinn

Nelgi tn 29 is a 5-story apartment building constructed in 1979, located in Nõmme linnaosa, comprising 80 apartments. The EHR registry code is 101012557 and cadastral ID is 78404:405:4890. Estiq reports energy class D.

The Estiq AVM model estimate is 2 741 €/m². The valuation range spans 2 448–3 034 €/m². The calculated fair value of a typical 1-room apartment is approximately €93 535.

Based on the 2 741 €/m² benchmark, a 40 sqm apartment is indicatively valued at €109 640 and a 50 sqm apartment at €137 050. Actual value depends on interior condition, floor, parking, and storage.

1-room: €83 527–€103 543; 2-room: €110 147–€136 543.

The model-based indicative asking price is approximately €3 022/m² (for the typical 1-room unit, about €98 212), allowing a 3–5% negotiation buffer.

A 1-room apartment in good condition has an estimated market rent of €490–€600 per month, generating an estimated gross yield of 6,5–7,5%.

Buying means a loan payment of about €387 a month, renting €490–€600 — the loan payment is 29% below the rent. That is 18% (loan) and 26% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 1-room flat (32.5 m²) at €93,535 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €18,707 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 26 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 73% were in the two best classes and 8% in the two worst (level: moderate). Estimated road noise at the building is 45 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.17/m² per month in total including utilities; a typical flat paid €101 per month. Association fees excluding utilities were €2.04/m² per month, of which €1.45/m² to the repair fund. The repair fund held €53 600 at year end. The association had no loans. For comparison, the median of 44 associations in Männiku subdistrict was €3.15/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.