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Estiq Value / Tallinn / Pirita / Randvere tee / Randvere tee 114
✓ Verified May 1, 2026 Pirita · Tallinn

Randvere tee 114, Tallinn

Built in 2004, this 2-story residential building is located in Pirita linnaosa · 1 apartments · energy class C.

Randvere tee 114, Tallinn hoone ja korterite väärtuskaart
2 floors 1 apartments EHR 120227227 ↗ Cadastre 78402:203:3380 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 Pirita specialist

Automated Market Valuation & Building Benchmark

Randvere tee 114 is a 2-storey residential building built in 2004, with 1 apartments, energy class C. The Estiq AVM benchmark is €2 364/m², 21.1% below the Pirita median (notarised apartment transaction median €2 998/m²).

Randvere tee 114 is a 2-storey residential building completed in 2004 in Pirita, with 1 apartments. Load-bearing structure: Brick / Masonry (EHR register). Energy class C (per energy certificate).

Based on the Estiq valuation model and Land Board transaction registries, the building price benchmark is 2 364 €/m², which is approximately 21.1% below the Pirita median (notarised apartment transaction median €2 998/m²). The building demonstrates high transaction liquidity for 2-room units, with a typical market value of around €116 309.

✓ Well Suited For

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

⚠ Key Considerations

Energy class C, open surface parking, and 2004 construction vintage.

€450–€520/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
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.

− 49,2 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
€121 309
ca €2 466 / m² · model estimate
Suggested Listing Price €127 374
Expected Monthly Rent €450–€520/mo
Price per m² €2 466/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
7,4 / 10
Location & Transit9,3

Aianduse tee stop 58 m / 1 min; fast connection to city centre.

Weight 20%
Education & Schools4,7

Pirita Majandusgümnaasium 2609 m; state exams rating 58.6/100; kindergarten 3022 m.

Weight 15%
Air Quality & Environment8,2

AQI 1 (good), noise level 46 dB (quiet), modelled (Lden), nearest park Pirita rannapark ja terviserada 2901 m. Sources: Estiq noise model (CNOSSOS-EU); Estiq air-quality index derived from Keskkonnaagentuur data.

Weight 10%
Safety & Crime Risk8,0

Police open data: low crime risk, compliant fire safety standards.

Weight 10%
Condition & Vintage8,5

Built in 2004; load-bearing structure Brick / Masonry.

Weight 15%
Energy Efficiency & Heating7,8

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

Weight 10%
Lifestyle & Infrastructure4,5

Pirita rannapark ja terviserada 2901 m; grocery stores 3257 m.

Weight 10%
Market Liquidity & Demand7,5

Land Board transaction volume in this micro-location (93 transactions over 12–18 mo. in the "built 2001-2010" cohort).

Weight 10%

Price Trends & Sales Strategy

Transactions in last 12 months · Land Board · Pirita · built 2001-2010 cohort.

Quarterly sales price €/m² (Sample: 93 deals · built 2001-2010)
Sales ✨ Next Q Forecast +7% YoY
Randvere tee 114 AVM benchmark: €2 364/m² €2 558 2025 Q2 27 deals €2 676 2025 Q3 29 deals €2 544 2025 Q4 17 deals €2 653 2026 Q1 12 deals €2 737 2026 Q2 8 deals €2 730 2026 Q3 ✨ Forecast

Sales Strategy

AVM Fair Market Value
€2 364/m²
Price Band
€2 080–2 648
Suggested Listing Price
€122 124
Asking Price€2 482/m²
Negotiation room~3–5%

Location Map & 10-Min Proximity

Within a 10-minute walk, there are 8 key infrastructure facilities · Coordinates 59.488236, 24.871727 · Cadastre 78402:203:3380.

🚏 Aianduse tee stop
Transit Stop · Bus / Local transit
58 m · 1 min
🚏 Pojengi tee stop
Transit Stop · Bus / Local transit
291 m · 4 min
🚏 Oblika tee stop
Transit Stop · Bus / Local transit
391 m · 5 min
🚏 Mähe aedlinn stop
Transit Stop · Bus / Local transit
524 m · 7 min
🎓 Pirita Majandusgümnaasium
School · 58.6/100
2609 m · 35 min
🌳 Pirita rannapark ja terviserada
Park · Roheala
2901 m · 39 min
🧒 Pirita Lasteaed
Kindergarten · Alusharidus
3022 m · 40 min
🛒 Pirita Selver
Supermarket · Supermarket
3257 m · 43 min
Exceptional walking accessibility underpins the strong micro-location rating of this building.

Neighborhood Vintage & Demographics: Pirita linnaosa

Official open data from Statistics Estonia REL2021 census and Building Register EHR.

Resident Age Distribution

17 354 residents
0–17 (Children & youth) 22.7% · 3 948
18–64 (Working age) 61.2% · 10 612
65+ (Seniors & retirees) 16.1% · 2 794

Education Level (15+)

14 110 residents
Basic or primary education 11.6% · 1 634
Secondary / vocational education 29.6% · 4 179
Higher education (BSc, MSc, PhD) 56.6% · 7 990
Education unknown 2.2% · 307

Construction Era & Housing Stock

7 343 dwellings
Pre-War & Historic (< 1945) 4.7% · 344
Soviet Era (1946–1990) 31.4% · 2 305
Post-Independence (1991–2010) 48% · 3 526
Modern Developments (2011+) 14.6% · 1 075

Peak construction era: 2001–2005.

Energy Efficiency Distribution A–G

7 344 dwellings
A 3.8% · 282
B 10.8% · 793
C · this building 26.3% · 1 931
D 21.7% · 1 596
E 32.7% · 2 398
F–G 4.7% · 344

Building Technical Profile (At a Glance)

Official parameters verified against EHR and Land Board registries.

Year Built2004
Total Apartments1
Floors2
Energy ClassC
Land Ownership100% Residential Land (Freehold)
Plot Size3 107 m²
Heating SystemDistrict Heating
Load-bearing StructureBrick / Masonry
Elevators0
Staircases2
Parking Spaces23
Noise Level46 dB · quiet

EHR Technical Audit & Official Registries

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

Audits Valid

EHR · Building Register

Code 120227227 · primary occupancy permit issued.

Occupancy Permit Active

Brick / Masonry. 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

0 passenger elevators have passed periodic technical inspection.

Valid

Elevators comply with applicable TTJA safety standards.

Cadastral & Land Use Status

78402:203:3380 · plot area 3 107 m².

100% Residential Land (Freehold)

Official designated purpose of the property is 100% residential land.

Apartment buildings on Randvere tee

99 buildings on the street · street median €2 750/m² (n=99) · real-time filterable comparison.

Address Year Built Estiq €/m² Typical Unit Energy Class
Randvere tee 1 1997 €3 201 ~€157 507 E ~ View →
Randvere tee 2 1998 €2 983 ~€146 745 E ~ View →
Randvere tee 6a 2026 €3 099 ~€152 480 E ~ View →
Randvere tee 14 1961 €2 869 ~€141 177 E ~ View →
Randvere tee 16 1959 €3 050 ~€150 051 E ~ View →
Randvere tee 18 1960 €2 909 ~€143 116 E ~ View →
Randvere tee 18a 2005 €3 080 ~€151 533 B View →
Randvere tee 18b 2005 €3 115 ~€153 245 E ~ View →
Randvere tee 114 This building 2004 €2 364 ~€116 309 C 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 · 120227227 Ministry of Regional Affairs last synced · 01.05.2026 Valid
Cadastral Unit & Land Zoning Land & Spatial Board · 78402:203:3380 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 Nearly Zero Energy Building Extremely low energy demand
B Low Energy Building Very high thermal performance
C · this building 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 2004: technical utility systems require periodic updating and capital maintenance.
  • energy class C: energy-efficient building with standard reasonable 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 Randvere tee 114, Tallinn?

Randvere tee 114 is a 2-story apartment building constructed in 2004, located in Pirita linnaosa, comprising 1 apartments. The EHR registry code is 120227227 and cadastral ID is 78402:203:3380. Estiq reports energy class C.

What is the average price per sqm and market value for apartments at Randvere tee 114?

The Estiq AVM model estimate is 2 364 €/m². The valuation range spans 2 080–2 648 €/m². The calculated fair value of a typical 2-room apartment is approximately €116 309.

How much does a 40 sqm or 50 sqm apartment cost at Randvere tee 114?

Based on the 2 364 €/m² benchmark, a 40 sqm apartment is indicatively valued at €94 560 and a 50 sqm apartment at €118 200. Actual value depends on interior condition, floor, parking, and storage.

How are apartment prices distributed by room count?

.

At what asking price should a seller list?

The strategic recommended listing price is approximately €2 482/m² (for a 2-room unit, about €122 124), 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 €450–€520 per month, generating an estimated gross yield of 4,6–5,4%.

Is Randvere tee 114 a good rental investment?

Data indicates that compact apartment layouts, proximity to transit (58 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.

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