What building is located at Niidi tn 40, Tallinn?
Niidi tn 40 is a 5-story apartment building constructed in 1963, located in Põhja-Tallinna linnaosa, comprising 60 apartments. The EHR registry code is 101020588 and cadastral ID is 78408:806:0004. Estiq reports energy class F.
What is the average price per sqm and market value for apartments at Niidi tn 40?
The Estiq AVM model estimate is 2 600 €/m². The valuation range spans 2 353–2 847 €/m². The calculated fair value of a typical 2-room apartment is approximately €127 591.
How much does a 40 sqm or 50 sqm apartment cost at Niidi tn 40?
Based on the 2 600 €/m² benchmark, a 40 sqm apartment is indicatively valued at €104 000 and a 50 sqm apartment at €130 000. Actual value depends on interior condition, floor, parking, and storage.
How are apartment prices distributed by room count?
1-room: €78 047–€94 433; 2-room: €110 762–€134 016; 3-room: €134 776–€163 071.
At what indicative asking price should a seller list?
The model-based indicative asking price is approximately €2 875/m² (for the typical 2-room unit, about €133 971), 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 €560–€680 per month, generating an estimated gross yield of 5,4–6,4%.
Is Niidi tn 40 a good rental investment?
Data indicates that compact apartment layouts, proximity to transit (37 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.
What is the area around Niidi tn 40 like: safety, air, noise and radon?
Police open data list 104 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 80% were in the two best classes and 4% in the two worst (level: moderate). Estimated road noise at the building is 60 dB (Lden). Radon in soil gas: normal (30–50 kBq/m³). These describe the area, not a specific apartment.
What are the running costs at Niidi tn 40?
According to the apartment association's 2025 annual report, owners paid on average €3.93/m² per month in total including utilities; a typical flat paid €176 per month. Association fees excluding utilities were €1.41/m² per month, of which €0.76/m² to the repair fund. The repair fund held €34 478 at year end. The association had €444 662 of loans outstanding. For comparison, the median of 37 associations in Sitsi subdistrict was €3.03/m² per month. See the association figures.
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. Order a valuation →
How accurate is the Estiq automated valuation (AVM)?
In a blind test (May–September 2026) the Estiq AVM had a median error of 9.5% in Tallinn and 12.1% elsewhere in Estonia; in Tallinn 83% of estimates fell within ±20%. Accuracy is higher in active areas and lower for atypical properties. The range on this page depends on how much local data there is. 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 03.10.2026.