Punane tänav 21, Tallinn

Punane tn 21 is a 9-story apartment building constructed in 1970, located in Lasnamäe linnaosa, comprising 288 apartments. The EHR registry code is 101018474 and cadastral ID is 78403:312:0670. Estiq reports energy class D.

The Estiq AVM model estimate is 2 284 €/m². The valuation range spans 2 110–2 458 €/m². The calculated fair value of a typical 3-room apartment is approximately €128 614.

Based on the 2 284 €/m² benchmark, a 40 sqm apartment is indicatively valued at €91 360 and a 50 sqm apartment at €114 200. Actual value depends on interior condition, floor, parking, and storage.

1-room: €75 088–€87 441; 2-room: €97 796–€113 884; 3-room: €120 026–€139 770.

The model-based indicative asking price is approximately €2 247/m² (for the typical 3-room unit, about €135 045), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €620–€760 per month, generating an estimated gross yield of 6,0–7,0%.

Buying means a loan payment of about €532 a month, renting €620–€760 — the loan payment is 23% 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 3-room flat (60.1 m²) at €128,614 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €25,723 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 367 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 69% were in the two best classes and 8% in the two worst (level: moderate). Estimated road noise at the building is 57 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, owners paid on average €3.41/m² per month in total including utilities; a typical flat paid €182 per month. Association fees excluding utilities were €1.49/m² per month, of which €1.15/m² to the repair fund. The repair fund held €6 567 at year end. The association had no loans. For comparison, the median of 59 associations in Pae subdistrict was €2.62/m² per month. From 2021 to 2025 association fees changed by +154% in total; the repair fund went from €133 222 (2021) to €6 567 (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.