Paekaare tänav 18, Tallinn

Paekaare tn 18 is a 5-story apartment building constructed in 1979, located in Lasnamäe linnaosa, comprising 20 apartments. The EHR registry code is 101014933 and cadastral ID is 78403:312:0026. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 2 315 €/m². The valuation range spans 2 139–2 491 €/m². The calculated fair value of a typical 4-room apartment is approximately €166 550.

Based on the 2 315 €/m² benchmark, a 40 sqm apartment is indicatively valued at €92 600 and a 50 sqm apartment at €115 750. Actual value depends on interior condition, floor, parking, and storage.

3-room: €131 494–€153 126; 4-room: €151 719–€176 677.

The model-based indicative asking price is approximately €2 245/m² (for the typical 4-room unit, about €174 878), allowing a 3–5% negotiation buffer.

A 4-room apartment in good condition has an estimated market rent of €910–€1 110 per month, generating an estimated gross yield of 6,8–7,8%.

Buying means a loan payment of about €689 a month, renting €910–€1,110 — the loan payment is 32% below the rent. That is 32% (loan) and 48% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 4-room flat (77.9 m²) at €166,550 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €33,310 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 338 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 66% were in the two best classes and 9% in the two worst (level: elevated). Estimated road noise at the building is 57 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 €2.98/m² per month in total including utilities; a typical flat paid €204 per month. Association fees excluding utilities were €0.53/m² per month. The repair fund held €8 933 at year end. The association had no loans. For comparison, the median of 59 associations in Pae subdistrict was €2.62/m² per month. From 2021 to 2025 association fees changed by +8.2% in total; the repair fund went from €11 622 (2021) to €8 933 (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.