Nõmme tee 23, Tallinn

Nõmme tee 23 is a 5-story apartment building constructed in 1973, located in Kristiine linnaosa, comprising 72 apartments. The EHR registry code is 101018889 and cadastral ID is 78407:701:1922. Estiq reports energy class C.

The Estiq AVM model estimate is 2 746 €/m². The valuation range spans 2 488–3 004 €/m². The calculated fair value of a typical 2-room apartment is approximately €134 029.

Based on the 2 746 €/m² benchmark, a 40 sqm apartment is indicatively valued at €109 840 and a 50 sqm apartment at €137 300. Actual value depends on interior condition, floor, parking, and storage.

1-room: €70 983–€85 712; 2-room: €118 570–€143 174; 3-room: €141 921–€171 370.

The model-based indicative asking price is approximately €3 013/m² (for the typical 2-room unit, about €140 730), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €510–€620 per month, generating an estimated gross yield of 4,5–5,5%.

Buying means a loan payment of about €554 a month, renting €510–€620 — about the same. That is 26% (loan) and 27% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (46.7 m²) at €134,029 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €26,806 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 74 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: moderate). Air: of the last 12 months' hourly readings, 66% were in the two best classes and 13% in the two worst (level: elevated). Estimated road noise at the building is 55 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 €3.62/m² per month in total including utilities; a typical flat paid €157 per month. Association fees excluding utilities were €1.23/m² per month. The repair fund held €31 363 at year end. The association had €425 497 of loans outstanding. For comparison, the median of 234 associations in Lilleküla subdistrict was €3.03/m² per month. From 2021 to 2025 association fees changed by +66% in total; the repair fund went from €4 352 (2021) to €31 363 (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.