Pikk jalg 3, Tallinn

Pikk jalg 3 is a 6-story apartment building constructed in 1930, located in Kesklinna linnaosa, comprising 18 apartments. The EHR registry code is 101029449 and cadastral ID is 78401:101:0960. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 3 728 €/m². The valuation range spans 3 374–4 082 €/m². The calculated fair value of a typical 4-room apartment is approximately €288 108.

Based on the 3 728 €/m² benchmark, a 40 sqm apartment is indicatively valued at €149 120 and a 50 sqm apartment at €186 400. Actual value depends on interior condition, floor, parking, and storage.

1-room: €129 998–€157 290; 2-room: €192 646–€233 091; 3-room: €221 871–€268 452; 4-room: €265 444–€321 172.

The model-based indicative asking price is approximately €3 640/m² (for the typical 4-room unit, about €302 513), allowing a 3–5% negotiation buffer.

A 4-room apartment in good condition has an estimated market rent of €1 320–€1 610 per month, generating an estimated gross yield of 5,6–6,6%.

Buying means a loan payment of about €1,191 a month, renting €1,320–€1,610 — the loan payment is 19% below the rent. That is 56% (loan) and 69% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 4-room flat (83.1 m²) at €288,108 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €57,622 down payment; rent from nearby offers; association and state fees excluded.

Air: of the last 12 months' hourly readings, 47% were in the two best classes and 17% in the two worst (level: elevated). Estimated road noise at the building is 63 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, a typical flat paid €83 per month in total, including utilities. Association fees excluding utilities were €0.95/m² per month. The repair fund held €18 167 at year end. The association had no loans. From 2022 to 2025 association fees changed by −17% in total; the repair fund went from €29 335 (2022) to €18 167 (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.