ET EN RU FI
Start Valuation
Estiq Value / Tallinn / Kesklinna / Pärnu mnt / Pärnu mnt 29
✓ Verified May 1, 2026 Kesklinna · Tallinn

Pärnu mnt 29, Tallinn

Built in 2018, this 8-story residential building is located in Kesklinna linnaosa · 114 apartments · energy class A.

Pärnu mnt 29, Tallinn hoone ja korterite väärtuskaart
8 floors 114 apartments EHR 120850143 ↗ Cadastre 78401:101:4168 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 29 is a 8-storey residential building built in 2018, with 114 apartments, energy class A. The Estiq AVM benchmark is €3 635/m², 8.0% below the Kesklinna median (notarised apartment transaction median €3 952/m²).

Pärnu mnt 29 is a 8-storey residential building completed in 2018 in Kesklinna, with 114 apartments. Load-bearing structure: Monolithic Concrete (EHR register). The most common unit type is 1-room apartments (47 of them). Energy class A (per energy certificate).

Based on the Estiq valuation model and Land Board transaction registries, the building price benchmark is 3 635 €/m², which is approximately 8.0% 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 €226 824.

✓ Well Suited For

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

⚠ Key Considerations

Energy class A, open surface parking, and 2018 construction vintage.

€870–€1 020/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
1-room 47 33.1 – 46.6 m² €3 817 €123 274–€156 894
2-room 29 49.1 – 92.2 m² €3 635 €199 605–€254 043
3-room 19 69.4 – 121.3 m² €3 490 €293 914–€374 072
4-room 16 101.8 – 211.7 m² €3 381 €421 895–€536 957
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.

1-room · 36.7 m² 2-room · 62.4 m² 3-room · 95.7 m² 4-room · 141.8 m²
− 62,4 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
€231 824
ca €3 715 / m² · model estimate
Suggested Listing Price €243 415
Expected Monthly Rent €870–€1 020/mo
Price per m² €3 715/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
8,3 / 10
Location & Transit9,2

Kosmos stop 118 m / 2 min; fast connection to city centre.

Weight 20%
Education & Schools7,9

Sakala Eragümnaasium 135 m; state exams rating 74.8/100; kindergarten 446 m.

Weight 15%
Air Quality & Environment6,3

AQI 2 (moderate), noise level 63 dB (noisy), modelled (Lden), nearest park Lembitu park 539 m. Sources: Estiq noise model (CNOSSOS-EU); Estiq air-quality index derived from Keskkonnaagentuur data.

Weight 10%
Safety & Crime Risk6,6

Police open data (PPA): stable local safety baseline (1y trend: -26.6%), compliant fire safety standards.

Weight 10%
Condition & Vintage9,4

Built in 2018; load-bearing structure Monolithic Concrete.

Weight 15%
Energy Efficiency & Heating9,8

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

Weight 10%
Lifestyle & Infrastructure8,3

Lembitu park 539 m; grocery stores 577 m.

Weight 10%
Market Liquidity & Demand7,6

Land Board transaction volume in this micro-location (123 transactions over 12–18 mo. in the "built 2016-2020" cohort).

Weight 10%

Price Trends & Sales Strategy

Transactions in last 12 months · Land Board · Kesklinna · built 2016-2020 cohort.

Quarterly sales price €/m² (Sample: 123 deals · built 2016-2020)
Sales ✨ Next Q Forecast +6.6% YoY
Pärnu mnt 29 AVM benchmark: €3 635/m² €4 494 2025 Q2 26 deals €4 297 2025 Q3 29 deals €4 378 2025 Q4 34 deals €4 691 2026 Q1 24 deals €4 790 2026 Q2 10 deals €4 850 2026 Q3 ✨ Forecast

Sales Strategy

AVM Fair Market Value
€3 635/m²
Price Band
€3 199–4 071
Suggested Listing Price
€238 165
Asking Price€3 817/m²
Negotiation room~3–5%

Location Map & 10-Min Proximity

Within a 10-minute walk, there are 16 key infrastructure facilities · Coordinates 59.429912, 24.744715 · Cadastre 78401:101:4168.

🚏 Kosmos stop
Transit Stop · Bus / Local transit
118 m · 2 min
🎓 Sakala Eragümnaasium
School · Exam rating: 74.8/100
135 m · 2 min
🎓 Tallinna Tõnismäe Riigigümnaasium
School · Exam rating: 63.8/100
199 m · 3 min
🎓 Tallinna Prantsuse Lütseum
School · Exam rating: 63.6/100
229 m · 3 min
🚏 Võllamägi stop
Transit Stop · Bus / Local transit
279 m · 4 min
🚏 Vabaduse väljak stop
Transit Stop · Bus / Local transit
311 m · 4 min
🚏 Liivalaia stop
Transit Stop · Bus / Local transit
334 m · 4 min
🧒 Tallinna Lasteaed Luha
Kindergarten · Pre-school education
446 m · 6 min
🧒 Tallinna Komeedi Lasteaed
Kindergarten · Pre-school education
485 m · 6 min
🌳 Lembitu park
Park · Recreation & walking
539 m · 7 min
🌳 Hirvepark
Park · Recreation & walking
551 m · 7 min
🛒 Solaris Toidupood
Supermarket · Groceries & daily goods
577 m · 8 min
🧒 Tallinna Virmalise Lasteaed
Kindergarten · Pre-school education
733 m · 10 min
🌳 Tammsaare park
Park · Recreation & walking
761 m · 10 min
🛒 Stockmann Delikatess
Supermarket · Groceries & daily goods
786 m · 10 min
🛒 Kaubamaja Toidumaailm
Supermarket · Groceries & daily goods
930 m · 12 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 · this building 4% · 1 468
B 7.7% · 2 830
C 9.7% · 3 539
D 9.6% · 3 512
E 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 Built2018
Total Apartments114
Floors8
Energy ClassA
Land Ownership100% Residential Land (Freehold)
Plot Size3 298 m²
Heating SystemDistrict Heating
Load-bearing StructureMonolithic Concrete
Elevators2
Staircases3
Parking Spaces24
Noise Level63 dB · noisy

EHR Technical Audit & Official Registries

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

Audits Valid

EHR · Building Register

Code 120850143 · 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

78401:101:4168 · plot area 3 298 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 29 This building 2018 €3 635 ~€226 824 A 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 · 120850143 Ministry of Regional Affairs last synced · 01.05.2026 Valid
Cadastral Unit & Land Zoning Land & Spatial Board · 78401:101:4168 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 · this building 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 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 2018: modern contemporary construction with up-to-date engineering systems.
  • energy class A: low-energy building with efficient and stable winter heating costs.
  • 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 29, Tallinn?

Pärnu mnt 29 is a 8-story apartment building constructed in 2018, located in Kesklinna linnaosa, comprising 114 apartments. The EHR registry code is 120850143 and cadastral ID is 78401:101:4168. Estiq reports energy class A.

What is the average price per sqm and market value for apartments at Pärnu mnt 29?

The Estiq AVM model estimate is 3 635 €/m². The valuation range spans 3 199–4 071 €/m². The calculated fair value of a typical 2-room apartment is approximately €226 824.

How much does a 40 sqm or 50 sqm apartment cost at Pärnu mnt 29?

Based on the 3 635 €/m² benchmark, a 40 sqm apartment is indicatively valued at €145 400 and a 50 sqm apartment at €181 750. Actual value depends on interior condition, floor, parking, and storage.

How are apartment prices distributed by room count?

1-room: €123 274–€156 894; 2-room: €199 605–€254 043; 3-room: €293 914–€374 072; 4-room: €421 895–€536 957.

At what asking price should a seller list?

The strategic recommended listing price is approximately €3 817/m² (for a 2-room unit, about €238 165), 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 €870–€1 020 per month, generating an estimated gross yield of 4,6–5,4%.

Is Pärnu mnt 29 a good rental investment?

Data indicates that compact apartment layouts, proximity to transit (118 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.

Need a Second Opinion?

Forward this building data to a local property specialist without having to re-enter details.

Consult a neighborhood broker