Pallasti tänav 16, Tallinn

Pallasti tn 16 is a 6-story apartment building constructed in 1997, located in Lasnamäe linnaosa, comprising 65 apartments. The EHR registry code is 101013661 and cadastral ID is 78403:301:0790. Estiq reports energy class B.

The Estiq AVM model estimate is 2 714 €/m². The valuation range spans 2 508–2 920 €/m². The calculated fair value of a typical 2-room apartment is approximately €162 599.

Based on the 2 714 €/m² benchmark, a 50 sqm apartment is indicatively valued at €135 700 and a 75 sqm apartment at €203 550. Actual value depends on interior condition, floor, parking, and storage.

2-room: €154 622–€180 058; 3-room: €165 291–€192 482; 4-room: €221 357–€257 770.

The model-based indicative asking price is approximately €2 928/m² (for the typical 2-room unit, about €170 729), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €540–€670 per month, generating an estimated gross yield of 4,0–5,0%.

Buying means a loan payment of about €672 a month, renting €540–€670 — the loan payment is 11% above the rent. That is 32% (loan) and 28% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (58.3 m²) at €162,599 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €32,520 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 78 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 67% were in the two best classes and 8% in the two worst (level: elevated). Estimated road noise at the building is 62 dB (Lden). Radon in soil gas: normal (30–50 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €2.77/m² per month in total including utilities; a typical flat paid €165 per month. Association fees excluding utilities were €1.40/m² per month, of which €0.67/m² to the repair fund. The repair fund held €28 375 at year end. The association had no loans. For comparison, the median of 137 associations in Sikupilli subdistrict was €3.06/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.