Padriku tee 16/3, Tallinn

Padriku tee 16/3 is a 3-story apartment building constructed in 2018, located in Pirita linnaosa, comprising 11 apartments. The EHR registry code is 120263291 and cadastral ID is 78402:203:3862. Estiq reports estimated energy class B.

The Estiq AVM model estimate is 3 516 €/m². The valuation range spans 3 126–3 906 €/m². The calculated fair value of a typical 3-room apartment is approximately €243 770.

Based on the 3 516 €/m² benchmark, a 40 sqm apartment is indicatively valued at €140 640 and a 50 sqm apartment at €175 800. Actual value depends on interior condition, floor, parking, and storage.

2-room: €169 727–€212 111; 3-room: €217 012–€271 204.

The model-based indicative asking price is approximately €3 550/m² (for the typical 3-room unit, about €255 959), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €780–€960 per month, generating an estimated gross yield of 3,8–4,8%.

Buying means a loan payment of about €1,008 a month, renting €780–€960 — the loan payment is 16% above the rent. That is 47% (loan) and 41% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (72.1 m²) at €243,770 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €48,754 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 7 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 78% were in the two best classes and 5% in the two worst (level: moderate). Estimated road noise at the building is 46 dB (Lden). Radon in soil gas: high (50–100 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.31/m² per month in total including utilities; a typical flat paid €207 per month. Association fees excluding utilities were €1.03/m² per month, of which €0.36/m² to the repair fund. The repair fund held €62 487 at year end. The association had no loans. For comparison, the median of 76 associations in Pirita district was €3.17/m² per month. From 2021 to 2025 association fees changed by −22% in total; the repair fund went from €16 522 (2021) to €62 487 (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.