Nelgi tänav 31, Tallinn

Nelgi tn 31 is a 9-story apartment building constructed in 1979, located in Nõmme linnaosa, comprising 72 apartments. The EHR registry code is 101004730 and cadastral ID is 78404:405:3490. Estiq reports energy class E.

The Estiq AVM model estimate is 2 213 €/m². The valuation range spans 1 976–2 450 €/m². The calculated fair value of a typical 3-room apartment is approximately €140 981.

Based on the 2 213 €/m² benchmark, a 40 sqm apartment is indicatively valued at €88 520 and a 50 sqm apartment at €110 650. Actual value depends on interior condition, floor, parking, and storage.

1-room: €72 390–€89 737; 2-room: €102 243–€126 744; 3-room: €125 702–€155 825; 4-room: €125 896–€156 066.

The model-based indicative asking price is approximately €2 288/m² (for the typical 3-room unit, about €148 030), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €600–€730 per month, generating an estimated gross yield of 5,2–6,2%.

Buying means a loan payment of about €583 a month, renting €600–€730 — the loan payment is 12% below the rent. That is 27% (loan) and 31% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (64.7 m²) at €140,981 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €28,196 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, 72% were in the two best classes and 9% in the two worst (level: elevated). Estimated road noise at the building is 45 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 €2.84/m² per month in total including utilities; a typical flat paid €160 per month. Association fees excluding utilities were €1.11/m² per month, of which €0.73/m² to the repair fund. The repair fund held €130 818 at year end. The association had no loans. For comparison, the median of 44 associations in Männiku subdistrict was €3.15/m² per month. From 2021 to 2025 association fees changed by −4.9% in total; the repair fund went from €94 283 (2021) to €130 818 (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.