Pärnu mnt 161, Tallinn

Pärnu mnt 161 is a 2-story apartment building constructed in 1962, located in Nõmme linnaosa, comprising 10 apartments. The EHR registry code is 101026881 and cadastral ID is 78404:402:5070. Estiq reports energy class G.

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 €126 908.

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: €118 714–€147 163; 3-room: €139 089–€172 421.

The model-based indicative asking price is approximately €2 878/m² (for the typical 2-room unit, about €133 253), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €610–€740 per month, generating an estimated gross yield of 5,9–6,9%.

Buying means a loan payment of about €525 a month, renting €610–€740 — the loan payment is 22% below the rent. That is 25% (loan) and 32% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (46.3 m²) at €126,908 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €25,382 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 91 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 64% were in the two best classes and 12% in the two worst (level: elevated). Estimated road noise at the building is 55 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, a typical flat paid the association €194 per month, plus utilities. Association fees excluding utilities were €8.59/m² per month. The repair fund held €12 627 at year end. The association had €111 526 of loans outstanding. 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.