Pallasti tänav 40, Tallinn

Pallasti tn 40 is a 5-story apartment building constructed in 1987, located in Lasnamäe linnaosa, comprising 30 apartments. The EHR registry code is 101010973 and cadastral ID is 78403:301:1290. Estiq reports energy class E.

The Estiq AVM model estimate is 2 639 €/m². The valuation range spans 2 438–2 840 €/m². The calculated fair value of a typical 3-room apartment is approximately €164 060.

Based on the 2 639 €/m² benchmark, a 40 sqm apartment is indicatively valued at €105 560 and a 50 sqm apartment at €131 950. Actual value depends on interior condition, floor, parking, and storage.

3-room: €151 592–€176 529; 4-room: €191 885–€223 451.

The model-based indicative asking price is approximately €2 792/m² (for the typical 3-room unit, about €172 263), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €750–€910 per month, generating an estimated gross yield of 5,6–6,6%.

Buying means a loan payment of about €678 a month, renting €750–€910 — the loan payment is 18% below the rent. That is 32% (loan) and 39% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (61.7 m²) at €164,060 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €32,812 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, 73% were in the two best classes and 6% in the two worst (level: moderate). Estimated road noise at the building is 56 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 €3.16/m² per month in total including utilities; a typical flat paid €213 per month. Association fees excluding utilities were €1.97/m² per month. The repair fund held €23 467 at year end. 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 −39% in total; the repair fund went from €7 738 (2021) to €23 467 (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.