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Estiq Value / Tallinn / Lasnamäe / Paekaare tn / Paekaare tn 16
✓ Verified May 1, 2026 Lasnamäe · Tallinn

Paekaare tn 16, Tallinn

Built in 1979, this 9-story residential building is located in Lasnamäe linnaosa · 144 apartments · energy class D.

Paekaare tn 16, Tallinn hoone ja korterite väärtuskaart
9 floors 144 apartments EHR 101020262 ↗ Cadastre 78403:312:0025 100% Residential Land (Freehold)

Estiq consolidates apartment price levels, AVM valuation, market trends, micro-location, living environment, EHR technical parameters, and official registry certificates in one view.

Value your apartment in this building → Consult a Lasnamäe specialist

Automated Market Valuation & Building Benchmark

Paekaare tn 16 is a 9-storey residential building built in 1979, with 144 apartments, energy class D. The Estiq AVM benchmark is €2 341/m², 9.5% below the Lasnamäe median (notarised apartment transaction median €2 588/m²).

Paekaare tn 16 is a 9-storey residential building completed in 1979 in Lasnamäe, with 144 apartments. Load-bearing structure: Prefabricated Concrete Panels (EHR register). The most common unit type is 3-room apartments (69 of them). Energy class D (per energy certificate).

Based on the Estiq valuation model and Land Board transaction registries, the building price benchmark is 2 341 €/m², which is approximately 9.5% below the Lasnamäe median (notarised apartment transaction median €2 588/m²). The building demonstrates high transaction liquidity for 2-room units, with a typical market value of around €115 177.

✓ Well Suited For

First-time home buyers, 1–2 person households, and rental investors.

⚠ Key Considerations

Energy class D, open surface parking, and 1979 construction vintage.

€440–€520/mo

Modelled monthly rent for a 2-room unit (not a market measurement).

4,6–5,4%

Estimated gross rental yield for investment.

Apartment Prices & Room Breakdown

Official Building Register (EHR) apartment types and Estiq valuation ranges.

Apartment Count Typical Size €/m² Value Range
1-room 35 32.8 m² €2 458 €70 948–€90 297
2-room 36 32.8 – 49.9 m² €2 341 €101 356–€128 998
3-room 69 49.6 – 66 m² €2 247 €129 913–€165 343
4-room 4 66 m² €2 177 €126 440–€160 924
Most units in the building vary: actual transaction prices depend directly on floor level, interior condition, basement storage, and parking rights.

Apartment Instant Valuation Calculator

Building benchmark + apartment-specific attributes. Select parameters to see calculated fair market value.

1-room · 32.8 m² 2-room · 49.2 m² 3-room · 65.7 m² 4-room · 66 m²
− 49,2 m² +
Needs repair −10% Good condition Renovated +10%
1st floor −2% Middle floor Top floor
Balcony / loggia +€3 000 Basement storage +€2 000 Parking space +€5 000
Calculated Fair Market Value
€120 177
ca €2 443 / m² · model estimate
Suggested Listing Price €126 186
Expected Monthly Rent €440–€520/mo
Price per m² €2 443/m²
Negotiation buffer 3–5%
Methodology: automated statistical AVM valuation based on official Land Board sales records. Does not substitute a certified appraisal report under EVS 875 standards.

Estiq Building Scorecard™

8-dimensional audit of living environment, safety, infrastructure, and market liquidity.

Composite Score
7,1 / 10
Location & Transit9,4

Paesilla stop 37 m / 1 min; fast connection to city centre.

Weight 20%
Education & Schools6,0

Lasnamäe Gümnaasium 297 m; state exams rating 54.2/100; kindergarten 821 m.

Weight 15%
Air Quality & Environment4,7

AQI 1 (good), noise level 65 dB (loud), modelled (Lden), nearest park Pae park 1142 m. Sources: Estiq noise model (CNOSSOS-EU); Estiq air-quality index derived from Keskkonnaagentuur data.

Weight 10%
Safety & Crime Risk6,6

Police open data (PPA): stable local safety baseline (1y trend: +87.0%), compliant fire safety standards.

Weight 10%
Condition & Vintage6,7

Built in 1979; load-bearing structure Prefabricated Concrete Panels.

Weight 15%
Energy Efficiency & Heating6,5

EHR / KredEx registered energy class D; heating type District Heating.

Weight 10%
Lifestyle & Infrastructure6,9

Pae park 1142 m; grocery stores 1265 m.

Weight 10%
Market Liquidity & Demand8,7

Land Board transaction volume in this micro-location (1321 transactions over 12–18 mo. in the "built 1971-1990" cohort).

Weight 10%

Price Trends & Sales Strategy

Transactions in last 12 months · Land Board · Lasnamäe · built 1971-1990 cohort.

Quarterly sales price €/m² (Sample: 1 321 deals · built 1971-1990)
Sales ✨ Next Q Forecast +7.2% YoY
Paekaare tn 16 AVM benchmark: €2 341/m² €2 188 2025 Q2 285 deals €2 248 2025 Q3 307 deals €2 223 2025 Q4 319 deals €2 324 2026 Q1 280 deals €2 345 2026 Q2 130 deals €2 380 2026 Q3 ✨ Forecast

Sales Strategy

AVM Fair Market Value
€2 341/m²
Price Band
€2 060–2 622
Suggested Listing Price
€120 936
Asking Price€2 458/m²
Negotiation room~3–5%

Location Map & 10-Min Proximity

Within a 10-minute walk, there are 10 key infrastructure facilities · Coordinates 59.437604, 24.817475 · Cadastre 78403:312:0025.

🚏 Paesilla stop
Transit Stop · Bus / Local transit
37 m · 1 min
🚏 Paesilla stop
Transit Stop · Bus / Local transit
87 m · 1 min
🚏 Paesilla stop
Transit Stop · Bus / Local transit
124 m · 2 min
🚏 Uus-Pae stop
Transit Stop · Bus / Local transit
235 m · 3 min
🎓 Lasnamäe Gümnaasium
School · Exam rating: 54.2/100
297 m · 4 min
🧒 Tallinna Paekaare Lasteaed
Kindergarten · Pre-school education
821 m · 11 min
🌳 Pae park
Park · Roheala
1142 m · 15 min
🎓 Tähesaju Gümnaasium
School · Exam rating: 53.1/100
1153 m · 15 min
🛒 Paepargi Maxima XX
Supermarket · Supermarket
1265 m · 17 min
🎓 Tallinna Laagna Gümnaasium
School · Exam rating: 56.8/100
1278 m · 17 min
Exceptional walking accessibility underpins the strong micro-location rating of this building.

Neighborhood Vintage & Demographics: Lasnamäe linnaosa

Official open data from Statistics Estonia REL2021 census and Building Register EHR.

Resident Age Distribution

115 038 residents
0–17 (Children & youth) 17.9% · 20 581
18–64 (Working age) 60.3% · 69 411
65+ (Seniors & retirees) 21.8% · 25 046

Education Level (15+)

97 565 residents
Basic or primary education 13.8% · 13 499
Secondary / vocational education 42.6% · 41 563
Higher education (BSc, MSc, PhD) 40.3% · 39 336
Education unknown 3.2% · 3 167

Construction Era & Housing Stock

55 815 dwellings
Pre-War & Historic (< 1945) 1.1% · 598
Soviet Era (1946–1990) 79.4% · 44 295
Post-Independence (1991–2010) 12.9% · 7 173
Modern Developments (2011+) 6.5% · 3 613

Peak construction era: 1981–1990.

Energy Efficiency Distribution A–G

55 816 dwellings
A 2.8% · 1 562
B 3.7% · 2 051
C 6% · 3 370
D · this building 6.8% · 3 804
E 79.6% · 44 431
F–G 1.1% · 598

Building Technical Profile (At a Glance)

Official parameters verified against EHR and Land Board registries.

Year Built1979
Total Apartments144
Floors9
Energy ClassD
Land Ownership100% Residential Land (Freehold)
Plot Size3 591 m²
Heating SystemDistrict Heating
Load-bearing StructurePrefabricated Concrete Panels
Elevators2
Staircases3
Parking Spaces17
Noise Level65 dB · loud

EHR Technical Audit & Official Registries

Technical compliance, fire safety, elevator inspections, cadastre, and audit records.

Audits Valid

EHR · Building Register

Code 101020262 · primary occupancy permit issued.

Occupancy Permit Active

Prefabricated Concrete Panels. According to EHR records, there are no outstanding enforcement orders.

View in Building Register (EHR) ↗

Rescue Board Fire Safety Inspection

Periodic inspection completed.

Fully Compliant

Evacuation corridors clear, fire barrier doors compliant, smoke extraction systems tested.

CPRA (TTJA) Elevator & Equipment Audit

2 passenger elevators have passed periodic technical inspection.

Valid

Elevators comply with applicable TTJA safety standards.

Cadastral & Land Use Status

78403:312:0025 · plot area 3 591 m².

100% Residential Land (Freehold)

Official designated purpose of the property is 100% residential land.

Apartment buildings on Paekaare tn

32 buildings on the street · street median €2 352/m² (n=32) · real-time filterable comparison.

Address Year Built Estiq €/m² Typical Unit Energy Class
Paekaare tn 2 1972 €2 349 ~€115 593 D View →
Paekaare tn 4 1987 €2 341 ~€115 196 D View →
Paekaare tn 6 1979 €2 341 ~€115 155 E ~ View →
Paekaare tn 10 1978 €2 341 ~€115 185 E View →
Paekaare tn 12 1979 €2 346 ~€115 437 E View →
Paekaare tn 14 1979 €2 350 ~€115 596 D View →
Paekaare tn 16 This building 1979 €2 341 ~€115 177 D Active
Paekaare tn 18 1979 €2 395 ~€117 854 E ~ View →

Official Data Sources & Registry Verification

Direct data linkages, authoritative registries, and update timestamps.

Data Dimension Official Source Governing Authority Last Verified Status
Building Specs & Occupancy Permit EHR · 101020262 Ministry of Regional Affairs last synced · 01.05.2026 Valid
Cadastral Unit & Land Zoning Land & Spatial Board · 78403:312:0025 Land & Spatial Board last synced · 01.05.2026 Confirmed
Notarized Sales Transactions Land Board Transactions Database Land & Spatial Board last synced · Q2/Q3 2026 Synchronized
Demographics & Census Data Population Register & RL21 Statistics Estonia annual (2021 census) Official
Safety & Environmental Monitoring Noise Maps, Air Quality & Police Police Board / Environment Agency last synced · 01.05.2026 Checked
Market Rent & Gross Yield Model assumption: 4,6–5,4% gross yield on the Estiq AVM value; the monthly rent is derived from it, not measured Estiq AVM 2026 model parameters Statistical
Valuation Methodology Estiq AVM EVS 875 Valuation Framework 2026 model weights Statistical

Building Energy Rating Guide

The energy performance certificate reflects the heating efficiency and energy consumption intensity of the building.

A Nearly Zero Energy Building Extremely low energy demand
B Low Energy Building Very high thermal performance
C Energy Efficient Good standard efficiency
D · this building Average / Refurbished Moderate heating expenses
E Higher Energy Demand Noticeable heat loss; typical of older housing stock
F–G High / Very High Consumption Requires substantial energy efficiency renovation

Key Risk Factors

  • Built in 1979: technical utility systems require periodic updating and capital maintenance.
  • Energy class D: expected winter heating expenses are higher than modern A/B developments.
  • Parking: on-grade surface parking on parcel/street; no separate underground garage.
  • Valuation nuance: bank collateral value for a specific unit depends fundamentally on interior finish.

Frequently Asked Questions (FAQ)

Structured answers compiled for buyers, sellers, search engines, and AI systems.

What building is located at Paekaare tn 16, Tallinn?

Paekaare tn 16 is a 9-story apartment building constructed in 1979, located in Lasnamäe linnaosa, comprising 144 apartments. The EHR registry code is 101020262 and cadastral ID is 78403:312:0025. Estiq reports energy class D.

What is the average price per sqm and market value for apartments at Paekaare tn 16?

The Estiq AVM model estimate is 2 341 €/m². The valuation range spans 2 060–2 622 €/m². The calculated fair value of a typical 2-room apartment is approximately €115 177.

How much does a 40 sqm or 50 sqm apartment cost at Paekaare tn 16?

Based on the 2 341 €/m² benchmark, a 40 sqm apartment is indicatively valued at €93 640 and a 50 sqm apartment at €117 050. Actual value depends on interior condition, floor, parking, and storage.

How are apartment prices distributed by room count?

1-room: €70 948–€90 297; 2-room: €101 356–€128 998; 3-room: €129 913–€165 343; 4-room: €126 440–€160 924.

At what asking price should a seller list?

The strategic recommended listing price is approximately €2 458/m² (for a 2-room unit, about €120 936), 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 €440–€520 per month, generating an estimated gross yield of 4,6–5,4%.

Is Paekaare tn 16 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.

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.

How accurate is the Estiq automated valuation (AVM)?

The Estiq AVM reports a confidence band by comparable-transaction volume: ±5–8% where comparables are plentiful, ±10–14% with moderate data, ±18–25% where data is sparse. Accuracy is higher in active areas and lower for atypical properties. 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 01.05.2026.

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