Pikk tänav 47, Tallinn

Pikk tn 47 is a 4-story apartment building constructed in 1940, located in Kesklinna linnaosa, comprising 7 apartments. The EHR registry code is 101022866 and cadastral ID is 78401:101:0061. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 4 337 €/m². The valuation range spans 3 925–4 749 €/m². The calculated fair value of a typical 2-room apartment is approximately €404 584.

Based on the 4 337 €/m² benchmark, a 50 sqm apartment is indicatively valued at €216 850 and a 75 sqm apartment at €325 275. Actual value depends on interior condition, floor, parking, and storage.

2-room: €413 925–€500 826; 3-room: €489 837–€592 675; 4-room: €556 978–€673 913.

The model-based indicative asking price is approximately €4 779/m² (for the typical 2-room unit, about €424 813), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €1 360–€1 670 per month, generating an estimated gross yield of 4,0–5,0%.

Buying means a loan payment of about €1,673 a month, renting €1,360–€1,670 — the loan payment is 10% above the rent. That is 79% (loan) and 71% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (88.9 m²) at €404,584 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €80,917 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 407 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 54% were in the two best classes and 21% in the two worst (level: high). Estimated road noise at the building is 63 dB (Lden). Radon in soil gas: normal (30–50 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €1.67/m² per month in total including utilities; a typical flat paid €169 per month. Association fees excluding utilities were €0.80/m² per month, of which €0.20/m² to the repair fund. The repair fund held €4 332 at year end. The association had no loans. For comparison, the median of 36 associations in Vanalinna subdistrict was €3.73/m² per month. 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.