Pallasti tänav 23, Tallinn

Pallasti tn 23 is a 5-story apartment building constructed in 1993, located in Lasnamäe linnaosa, comprising 34 apartments. The EHR registry code is 101020739 and cadastral ID is 78403:301:1800. Estiq reports energy class D.

The Estiq AVM model estimate is 2 633 €/m². The valuation range spans 2 433–2 833 €/m². The calculated fair value of a typical 3-room apartment is approximately €165 291.

Based on the 2 633 €/m² benchmark, a 40 sqm apartment is indicatively valued at €105 320 and a 50 sqm apartment at €131 650. Actual value depends on interior condition, floor, parking, and storage.

2-room: €115 076–€134 006; 3-room: €151 526–€176 452; 4-room: €179 357–€208 862.

The model-based indicative asking price is approximately €2 733/m² (for the typical 3-room unit, about €173 556), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €830–€1 020 per month, generating an estimated gross yield of 6,2–7,2%.

Buying means a loan payment of about €683 a month, renting €830–€1,020 — the loan payment is 26% below the rent. That is 32% (loan) and 44% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (63.5 m²) at €165,291 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €33,058 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 45 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 €2.39/m² per month in total including utilities; a typical flat paid €145 per month. Association fees excluding utilities were €0.89/m² per month, of which €0.28/m² to the repair fund. The association had no loans. For comparison, the median of 136 associations in Sikupilli subdistrict was €3.07/m² per month. From 2021 to 2025 association fees changed by −42% in total. 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.