Pikk tänav 39/1, Tallinn

Pikk tn 39/1 is a 3-story apartment building constructed in 1926, located in Kesklinna linnaosa, comprising 3 apartments. The EHR registry code is 101027264 and cadastral ID is 78401:101:0026. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 4 245 €/m². The valuation range spans 3 842–4 648 €/m². The calculated fair value of a typical 1-room apartment is approximately €182 630.

Based on the 4 245 €/m² benchmark, a 30 sqm apartment is indicatively valued at €127 350 and a 40 sqm apartment at €169 800. Actual value depends on interior condition, floor, parking, and storage.

1-room: €165 281–€199 980.

The model-based indicative asking price is approximately €4 994/m² (for the typical 1-room unit, about €191 762), allowing a 3–5% negotiation buffer.

A 1-room apartment in good condition has an estimated market rent of €570–€700 per month, generating an estimated gross yield of 3,7–4,7%.

Buying means a loan payment of about €755 a month, renting €570–€700 — the loan payment is 19% above the rent. That is 36% (loan) and 30% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 1-room flat (38.4 m²) at €182,630 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €36,526 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 605 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 61% were in the two best classes and 13% in the two worst (level: elevated). Estimated road noise at the building is 63 dB (Lden). Radon in soil gas: high (50–100 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, a typical flat paid €114 per month in total, including utilities. Association fees excluding utilities were €1.78/m² per month, of which €0.24/m² to the repair fund. The repair fund held €7 724 at year end. The association had no loans. 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.