P. Kerese tänav 31, Tallinn

P. Kerese tn 31 is a 3-story apartment building constructed in 1969, located in Nõmme linnaosa, comprising 24 apartments. The EHR registry code is 101003309 and cadastral ID is 78404:405:2340. Estiq reports energy class B.

The Estiq AVM model estimate is 2 492 €/m². The valuation range spans 2 225–2 759 €/m². The calculated fair value of a typical 3-room apartment is approximately €183 961.

Based on the 2 492 €/m² benchmark, a 40 sqm apartment is indicatively valued at €99 680 and a 50 sqm apartment at €124 600. Actual value depends on interior condition, floor, parking, and storage.

1-room: €76 462–€94 786; 2-room: €103 519–€128 326; 3-room: €163 211–€202 324.

The model-based indicative asking price is approximately €2 505/m² (for the typical 3-room unit, about €193 159), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €790–€970 per month, generating an estimated gross yield of 5,2–6,2%.

Buying means a loan payment of about €761 a month, renting €790–€970 — the loan payment is 14% below the rent. That is 36% (loan) and 41% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (77.1 m²) at €183,961 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €36,792 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, 76% were in the two best classes and 7% in the two worst (level: moderate). 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 €1.32/m² per month in total including utilities; a typical flat paid €81 per month. Association fees excluding utilities were €0.75/m² per month. 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 +0.0% in total. 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.