Paekalda tänav 21, Tallinn

Paekalda tn 21 is a 8-story apartment building constructed in 2020, located in Lasnamäe linnaosa, comprising 54 apartments. The EHR registry code is 121362628 and cadastral ID is 78403:304:0026. Estiq reports energy class A.

The Estiq AVM model estimate is 3 798 €/m². The valuation range spans 3 509–4 087 €/m². The calculated fair value of a typical 2-room apartment is approximately €171 901.

Based on the 3 798 €/m² benchmark, a 50 sqm apartment is indicatively valued at €189 900 and a 75 sqm apartment at €284 850. Actual value depends on interior condition, floor, parking, and storage.

1-room: €141 339–€164 589; 2-room: €168 007–€195 645; 3-room: €251 052–€292 351; 4-room: €324 283–€377 628.

The model-based indicative asking price is approximately €4 168/m² (for the typical 2-room unit, about €180 496), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €560–€690 per month, generating an estimated gross yield of 3,9–4,9%.

Buying means a loan payment of about €711 a month, renting €560–€690 — the loan payment is 14% above the rent. That is 33% (loan) and 29% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (43.3 m²) at €171,901 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €34,380 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 9 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 83% were in the two best classes and 3% in the two worst (level: moderate). Estimated road noise at the building is 57 dB (Lden). Radon in soil gas: high (100–150 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €2.03/m² per month in total including utilities; a typical flat paid €110 per month. Association fees excluding utilities were €0.70/m² per month. The association had no loans. For comparison, the median of 537 associations in Lasnamäe district was €2.70/m² per month. 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.