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Estiq Value / Tallinn / Kesklinna / Pärnu mnt / Pärnu mnt 129c/2
✓ Verified May 1, 2026 Kesklinna · Tallinn

Pärnu mnt 129c/2, Tallinn

Built in 2008, this 7-story residential building is located in Kesklinna linnaosa · 60 apartments · energy class E.

Pärnu mnt 129c/2, Tallinn hoone ja korterite väärtuskaart
7 floors 60 apartments EHR 120537074 ↗ Cadastre 78401:118:0065 100% Residential Land (Freehold)

Estiq consolidates apartment price levels, AVM valuation, market trends, micro-location, living environment, EHR technical parameters, and official registry certificates in one view.

Value your apartment in this building → Consult a Kesklinna specialist

Automated Market Valuation & Building Benchmark

Pärnu mnt 129c/2 is a 7-storey residential building built in 2008, with 60 apartments, energy class E. The Estiq AVM benchmark is €3 919/m², 0.8% below the Kesklinna median (notarised apartment transaction median €3 952/m²).

Pärnu mnt 129c/2 is a 7-storey residential building completed in 2008 in Kesklinna, with 60 apartments. Load-bearing structure: Monolithic Concrete (EHR register). The most common unit type is 3-room apartments (38 of them). Energy class E (per energy certificate).

Based on the Estiq valuation model and Land Board transaction registries, the building price benchmark is 3 919 €/m², which is approximately 0.8% below the Kesklinna median (notarised apartment transaction median €3 952/m²). The building demonstrates high transaction liquidity for 2-room units, with a typical market value of around €206 923.

✓ Well Suited For

First-time home buyers, 1–2 person households, and rental investors.

⚠ Key Considerations

Energy class E, open surface parking, and 2008 construction vintage.

€790–€930/mo

Modelled monthly rent for a 2-room unit (not a market measurement).

4,6–5,4%

Estimated gross rental yield for investment.

Apartment Prices & Room Breakdown

Official Building Register (EHR) apartment types and Estiq valuation ranges.

Apartment Count Typical Size €/m² Value Range
2-room 18 48 – 56.6 m² €3 919 €182 092–€231 754
3-room 38 57.4 – 92.6 m² €3 762 €221 808–€282 300
4-room 4 94.6 m² €3 645 €303 439–€386 195
Most units in the building vary: actual transaction prices depend directly on floor level, interior condition, basement storage, and parking rights.

Apartment Instant Valuation Calculator

Building benchmark + apartment-specific attributes. Select parameters to see calculated fair market value.

2-room · 52.8 m² 3-room · 67 m² 4-room · 94.6 m²
− 52,8 m² +
Needs repair −10% Good condition Renovated +10%
1st floor −2% Middle floor Top floor
Balcony / loggia +€3 000 Basement storage +€2 000 Parking space +€5 000
Calculated Fair Market Value
€211 923
ca €4 014 / m² · model estimate
Suggested Listing Price €222 519
Expected Monthly Rent €790–€930/mo
Price per m² €4 014/m²
Negotiation buffer 3–5%
Methodology: automated statistical AVM valuation based on official Land Board sales records. Does not substitute a certified appraisal report under EVS 875 standards.

Estiq Building Scorecard™

8-dimensional audit of living environment, safety, infrastructure, and market liquidity.

Composite Score
7,2 / 10
Location & Transit8,7

Kalev stop 277 m / 4 min; fast connection to city centre.

Weight 20%
Education & Schools4,9

Tallinna Ühisgümnaasium 1227 m; state exams rating 60.2/100; kindergarten 1411 m.

Weight 15%
Air Quality & Environment7,2

AQI 1 (good), noise level 55 dB (noticeable), modelled (Lden), nearest park Räägu park 1421 m. Sources: Estiq noise model (CNOSSOS-EU); Estiq air-quality index derived from Keskkonnaagentuur data.

Weight 10%
Safety & Crime Risk7,6

Police open data (PPA): stable local safety baseline (1y trend: -87.2%), compliant fire safety standards.

Weight 10%
Condition & Vintage8,3

Built in 2008; load-bearing structure Monolithic Concrete.

Weight 15%
Energy Efficiency & Heating5,2

EHR / KredEx registered energy class E; heating type District Heating.

Weight 10%
Lifestyle & Infrastructure7,0

Räägu park 1421 m; grocery stores 1021 m.

Weight 10%
Market Liquidity & Demand7,8

Land Board transaction volume in this micro-location (185 transactions over 12–18 mo. in the "built 2001-2010" cohort).

Weight 10%

Price Trends & Sales Strategy

Transactions in last 12 months · Land Board · Kesklinna · built 2001-2010 cohort.

Quarterly sales price €/m² (Sample: 185 deals · built 2001-2010)
Sales ✨ Next Q Forecast +5.5% YoY
Pärnu mnt 129c/2 AVM benchmark: €3 919/m² €3 429 2025 Q2 45 deals €3 381 2025 Q3 41 deals €3 450 2025 Q4 44 deals €3 462 2026 Q1 37 deals €3 618 2026 Q2 18 deals €3 610 2026 Q3 ✨ Forecast

Sales Strategy

AVM Fair Market Value
€3 919/m²
Price Band
€3 449–4 389
Suggested Listing Price
€217 269
Asking Price€4 115/m²
Negotiation room~3–5%

Location Map & 10-Min Proximity

Within a 10-minute walk, there are 9 key infrastructure facilities · Coordinates 59.411327, 24.740384 · Cadastre 78401:118:0065.

🚏 Kalev stop
Transit Stop · Bus / Local transit
277 m · 4 min
🚏 Tallinn-Väike stop
Transit Stop · Bus / Local transit
317 m · 4 min
🚏 Tondi stop
Transit Stop · Bus / Local transit
353 m · 5 min
🚏 Tallinn-Väike stop
Transit Stop · Bus / Local transit
359 m · 5 min
🛒 Kotka Selver
Supermarket · Supermarket
1021 m · 14 min
🎓 Tallinna Ühisgümnaasium
School · Exam rating: 60.2/100
1227 m · 16 min
🎓 Tallinna Humanitaargümnaasium
School · Exam rating: 56.1/100
1235 m · 16 min
🧒 Tallinna Virmalise Lasteaed
Kindergarten · Alusharidus
1411 m · 19 min
🌳 Räägu park
Park · Roheala
1421 m · 19 min
Exceptional walking accessibility underpins the strong micro-location rating of this building.

Neighborhood Vintage & Demographics: Kesklinna linnaosa

Official open data from Statistics Estonia REL2021 census and Building Register EHR.

Resident Age Distribution

64 551 residents
0–17 (Children & youth) 19.9% · 12 854
18–64 (Working age) 67.2% · 43 399
65+ (Seniors & retirees) 12.9% · 8 298

Education Level (15+)

53 514 residents
Basic or primary education 9.4% · 5 016
Secondary / vocational education 28% · 14 969
Higher education (BSc, MSc, PhD) 59% · 31 582
Education unknown 3.6% · 1 947

Construction Era & Housing Stock

36 655 dwellings
Pre-War & Historic (< 1945) 34.5% · 12 631
Soviet Era (1946–1990) 33.1% · 12 127
Post-Independence (1991–2010) 19.2% · 7 050
Modern Developments (2011+) 11.7% · 4 298

Peak construction era: 1919–1945.

Energy Efficiency Distribution A–G

36 656 dwellings
A 4% · 1 468
B 7.7% · 2 830
C 9.7% · 3 539
D 9.6% · 3 512
E · this building 34.6% · 12 676
F–G 34.5% · 12 631

Building Technical Profile (At a Glance)

Official parameters verified against EHR and Land Board registries.

Year Built2008
Total Apartments60
Floors7
Energy ClassE
Land Ownership100% Residential Land (Freehold)
Plot Size3 778 m²
Heating SystemDistrict Heating
Load-bearing StructureMonolithic Concrete
Elevators2
Staircases3
Parking Spaces44
Noise Level55 dB · noticeable

EHR Technical Audit & Official Registries

Technical compliance, fire safety, elevator inspections, cadastre, and audit records.

Audits Valid

EHR · Building Register

Code 120537074 · primary occupancy permit issued.

Occupancy Permit Active

Monolithic Concrete. According to EHR records, there are no outstanding enforcement orders.

View in Building Register (EHR) ↗

Rescue Board Fire Safety Inspection

Periodic inspection completed.

Fully Compliant

Evacuation corridors clear, fire barrier doors compliant, smoke extraction systems tested.

CPRA (TTJA) Elevator & Equipment Audit

2 passenger elevators have passed periodic technical inspection.

Valid

Elevators comply with applicable TTJA safety standards.

Cadastral & Land Use Status

78401:118:0065 · plot area 3 778 m².

100% Residential Land (Freehold)

Official designated purpose of the property is 100% residential land.

Apartment buildings on Pärnu mnt

72 buildings on the street · street median €3 718/m² (n=72) · real-time filterable comparison.

Address Year Built Estiq €/m² Typical Unit Energy Class
Pärnu mnt 5 1900 €4 783 ~€235 307 C ~ View →
Pärnu mnt 6 1933 €4 918 ~€241 977 H View →
Pärnu mnt 8 1937 €4 632 ~€227 910 E ~ View →
Pärnu mnt 21/1 2002 €4 328 ~€212 914 E ~ View →
Pärnu mnt 21/2 2026 €4 158 ~€204 594 C View →
Pärnu mnt 23 1934 €4 234 ~€208 302 E ~ View →
Pärnu mnt 25 1963 €4 284 ~€210 763 G View →
Pärnu mnt 27 1928 €4 303 ~€211 720 C ~ View →
Pärnu mnt 129c/2 This building 2008 €3 919 ~€206 923 E Active

Official Data Sources & Registry Verification

Direct data linkages, authoritative registries, and update timestamps.

Data Dimension Official Source Governing Authority Last Verified Status
Building Specs & Occupancy Permit EHR · 120537074 Ministry of Regional Affairs last synced · 01.05.2026 Valid
Cadastral Unit & Land Zoning Land & Spatial Board · 78401:118:0065 Land & Spatial Board last synced · 01.05.2026 Confirmed
Notarized Sales Transactions Land Board Transactions Database Land & Spatial Board last synced · Q2/Q3 2026 Synchronized
Demographics & Census Data Population Register & RL21 Statistics Estonia annual (2021 census) Official
Safety & Environmental Monitoring Noise Maps, Air Quality & Police Police Board / Environment Agency last synced · 01.05.2026 Checked
Market Rent & Gross Yield Model assumption: 4,6–5,4% gross yield on the Estiq AVM value; the monthly rent is derived from it, not measured Estiq AVM 2026 model parameters Statistical
Valuation Methodology Estiq AVM EVS 875 Valuation Framework 2026 model weights Statistical

Building Energy Rating Guide

The energy performance certificate reflects the heating efficiency and energy consumption intensity of the building.

A Nearly Zero Energy Building Extremely low energy demand
B Low Energy Building Very high thermal performance
C Energy Efficient Good standard efficiency
D Average / Refurbished Moderate heating expenses
E · this building Higher Energy Demand Noticeable heat loss; typical of older housing stock
F–G High / Very High Consumption Requires substantial energy efficiency renovation

Key Risk Factors

  • Built in 2008: technical utility systems require periodic updating and capital maintenance.
  • Energy class E: expected winter heating expenses are higher than modern A/B developments.
  • Parking: on-grade surface parking on parcel/street; no separate underground garage.
  • Valuation nuance: bank collateral value for a specific unit depends fundamentally on interior finish.

Frequently Asked Questions (FAQ)

Structured answers compiled for buyers, sellers, search engines, and AI systems.

What building is located at Pärnu mnt 129c/2, Tallinn?

Pärnu mnt 129c/2 is a 7-story apartment building constructed in 2008, located in Kesklinna linnaosa, comprising 60 apartments. The EHR registry code is 120537074 and cadastral ID is 78401:118:0065. Estiq reports energy class E.

What is the average price per sqm and market value for apartments at Pärnu mnt 129c/2?

The Estiq AVM model estimate is 3 919 €/m². The valuation range spans 3 449–4 389 €/m². The calculated fair value of a typical 2-room apartment is approximately €206 923.

How much does a 40 sqm or 50 sqm apartment cost at Pärnu mnt 129c/2?

Based on the 3 919 €/m² benchmark, a 40 sqm apartment is indicatively valued at €156 760 and a 50 sqm apartment at €195 950. Actual value depends on interior condition, floor, parking, and storage.

How are apartment prices distributed by room count?

2-room: €182 092–€231 754; 3-room: €221 808–€282 300; 4-room: €303 439–€386 195.

At what asking price should a seller list?

The strategic recommended listing price is approximately €4 115/m² (for a 2-room unit, about €217 269), allowing a 3–5% negotiation buffer.

How much rental income can a 2-room apartment generate?

A 2-room apartment in good condition has an estimated market rent of €790–€930 per month, generating an estimated gross yield of 4,6–5,4%.

Is Pärnu mnt 129c/2 a good rental investment?

Data indicates that compact apartment layouts, proximity to transit (277 m to stop), and active district tenant demand are positive investment drivers. Prior to purchasing, inspect individual apartment condition, utility costs, and actual occupancy demand.

Does the Estiq online valuation replace a bank-certified appraisal?

No. Estiq AVM is a data-driven statistical benchmark. Mortgage financing applications require a certified appraisal report performed by a licensed appraiser in accordance with EVS 875 standards.

How accurate is the Estiq automated valuation (AVM)?

The Estiq AVM reports a confidence band by comparable-transaction volume: ±5–8% where comparables are plentiful, ±10–14% with moderate data, ±18–25% where data is sparse. Accuracy is higher in active areas and lower for atypical properties. It is a statistical benchmark, not an EVS 875 report. See the methodology page.

Building data reconciled against the EHR and Land Board (Maa-amet) registries. AVM methodology by Martin Koppel, Estiq real estate valuation advisor (methodology aligned with the EVS 875 standard). This is an automated model estimate, not an EVS 875 appraisal report. Updated 01.05.2026.

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