Pärnade pst 1, Tallinn

Pärnade pst 1 is a 2-story apartment building constructed in 1966, located in Nõmme linnaosa, comprising 8 apartments. The EHR registry code is 101004357 and cadastral ID is 78404:410:1770. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 2 741 €/m². The valuation range spans 2 448–3 034 €/m². The calculated fair value of a typical 2-room apartment is approximately €107 447.

Based on the 2 741 €/m² benchmark, a 40 sqm apartment is indicatively valued at €109 640 and a 50 sqm apartment at €137 050. Actual value depends on interior condition, floor, parking, and storage.

2-room: €96 195–€119 247; 3-room: €121 233–€150 286.

The model-based indicative asking price is approximately €2 878/m² (for the typical 2-room unit, about €112 819), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €370–€450 per month, generating an estimated gross yield of 4,1–5,1%.

Buying means a loan payment of about €444 a month, renting €370–€450 — the loan payment is 8% above the rent. That is 21% (loan) and 19% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (39.2 m²) at €107,447 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €21,489 down payment; rent from nearby offers; association and state fees excluded.

Air: of the last 12 months' hourly readings, 78% were in the two best classes and 5% in the two worst (level: moderate). Estimated road noise at the building is 60 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €0.84/m² per month in total including utilities; a typical flat paid €41 per month. Association fees excluding utilities were €0.37/m² per month, of which €0.24/m² to the repair fund. The repair fund held €2 505 at year end. The association had no loans. For comparison, the median of 203 associations in Nõmme district was €3.02/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.