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Estiq Value / Tallinn / Pirita / Randvere tee / Randvere tee 23
✓ Verified May 1, 2026 Pirita · Tallinn

Randvere tee 23, Tallinn

Built in 1936, this 2-story residential building is located in Pirita linnaosa · 2 apartments · estimated energy class E.

Randvere tee 23, Tallinn hoone ja korterite väärtuskaart
2 floors 2 apartments EHR 101039360 ↗ Cadastre 78402:203:0473 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 23 is a 2-storey residential building built in 1936, with 2 apartments, estimated energy class E. The Estiq AVM benchmark is €3 166/m², 5.6% above the Pirita median (notarised apartment transaction median €2 998/m²).

Randvere tee 23 is a 2-storey residential building completed in 1936 in Pirita, with 2 apartments. Load-bearing structure: Brick / Masonry (EHR register). The most common unit type is 4-room apartments (1 of them). Energy class E (estimated from construction year).

Based on the Estiq valuation model and Land Board transaction registries, the building price benchmark is 3 166 €/m², which is approximately 5.6% above 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 €155 767.

✓ Well Suited For

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

⚠ Key Considerations

Estimated energy class E, open surface parking, and 1936 construction vintage.

€600–€700/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
4-room 1 91.8 m² €2 944 €237 828–€302 690
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.

4-room · 91.8 m²
− 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
€160 767
ca €3 268 / m² · model estimate
Suggested Listing Price €168 805
Expected Monthly Rent €600–€700/mo
Price per m² €3 268/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
6,6 / 10
Location & Transit9,2

Mähe stop 99 m / 1 min; fast connection to city centre.

Weight 20%
Education & Schools4,8

Pirita Majandusgümnaasium 1201 m; state exams rating 58.6/100; kindergarten 1603 m.

Weight 15%
Air Quality & Environment7,2

AQI 1 (good), noise level 55 dB (noticeable), modelled (Lden), nearest park Pirita rannapark ja terviserada 1468 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 & Vintage5,9

Built in 1936; load-bearing structure Brick / Masonry.

Weight 15%
Energy Efficiency & Heating5,2

No certificate is registered; the construction year (1936) implies an expected class of E. Heating type District Heating.

Weight 10%
Lifestyle & Infrastructure6,0

Pirita rannapark ja terviserada 1468 m; grocery stores 1830 m.

Weight 10%
Market Liquidity & Demand5,4

Land Board transaction volume for this micro-location.

Weight 10%

Price Trends & Sales Strategy

Transactions in last 12 months · Land Board · Pirita · entire district cohort.

There are not yet enough registered transactions (fewer than 3 quarters) in the Pirita · entire district cohort to plot a reliable price trend. Estiq AVM benchmark: €3 166/m².

Sales Strategy

AVM Fair Market Value
€3 166/m²
Price Band
€2 786–3 546
Suggested Listing Price
€163 555
Asking Price€3 324/m²
Negotiation room~3–5%

Location Map & 10-Min Proximity

Within a 10-minute walk, there are 8 key infrastructure facilities · Coordinates 59.480003, 24.852688 · Cadastre 78402:203:0473.

🚏 Mähe stop
Transit Stop · Bus / Local transit
99 m · 1 min
🚏 Hämar tee stop
Transit Stop · Bus / Local transit
254 m · 3 min
🚏 Küüvitsa tee stop
Transit Stop · Bus / Local transit
560 m · 7 min
🚏 Mähe tee stop
Transit Stop · Bus / Local transit
721 m · 10 min
🎓 Pirita Majandusgümnaasium
School · Exam rating: 58.6/100
1201 m · 16 min
🌳 Pirita rannapark ja terviserada
Park · Roheala
1468 m · 20 min
🧒 Pirita Lasteaed
Kindergarten · Alusharidus
1603 m · 21 min
🛒 Pirita Selver
Supermarket · Supermarket
1830 m · 24 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 26.3% · 1 931
D 21.7% · 1 596
E · this building 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 Built1936
Total Apartments2
Floors2
Energy ClassE ~
Land Ownership100% Residential Land (Freehold)
Plot Size3 848 m²
Heating SystemDistrict Heating
Load-bearing StructureBrick / Masonry
Elevators0
Staircases2
Parking Spaces24
Noise Level55 dB · noticeable

EHR Technical Audit & Official Registries

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

Audits Valid

EHR · Building Register

Code 101039360 · 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

78402:203:0473 · plot area 3 848 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 23 This building 1936 €3 166 ~€155 767 E ~ 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 · 101039360 Ministry of Regional Affairs last synced · 01.05.2026 Valid
Cadastral Unit & Land Zoning Land & Spatial Board · 78402:203:0473 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 Energy Efficient Good standard efficiency
D Average / Refurbished Moderate heating expenses
E · this building 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 1936: technical utility systems require periodic updating and capital maintenance.
  • Estimated energy class E: expected winter heating expenses are higher than modern A/B developments.
  • 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 23, Tallinn?

Randvere tee 23 is a 2-story apartment building constructed in 1936, located in Pirita linnaosa, comprising 2 apartments. The EHR registry code is 101039360 and cadastral ID is 78402:203:0473. Estiq reports estimated energy class E.

What is the average price per sqm and market value for apartments at Randvere tee 23?

The Estiq AVM model estimate is 3 166 €/m². The valuation range spans 2 786–3 546 €/m². The calculated fair value of a typical 2-room apartment is approximately €155 767.

How much does a 40 sqm or 50 sqm apartment cost at Randvere tee 23?

Based on the 3 166 €/m² benchmark, a 40 sqm apartment is indicatively valued at €126 640 and a 50 sqm apartment at €158 300. Actual value depends on interior condition, floor, parking, and storage.

How are apartment prices distributed by room count?

4-room: €237 828–€302 690.

At what asking price should a seller list?

The strategic recommended listing price is approximately €3 324/m² (for a 2-room unit, about €163 555), 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 €600–€700 per month, generating an estimated gross yield of 4,6–5,4%.

Is Randvere tee 23 a good rental investment?

Data indicates that compact apartment layouts, proximity to transit (99 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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