Salme tänav 24, Tallinn

Salme tn 24 is a 3-story apartment building constructed in 1946, located in Põhja-Tallinna linnaosa, comprising 13 apartments. The EHR registry code is 101010847 and cadastral ID is 78408:801:4260. Estiq reports energy class F.

The Estiq AVM model estimate is 3 422 €/m². The valuation range spans 3 097–3 747 €/m². The calculated fair value of a typical 1-room apartment is approximately €80 486.

Based on the 3 422 €/m² benchmark, a 40 sqm apartment is indicatively valued at €136 880 and a 50 sqm apartment at €171 100. Actual value depends on interior condition, floor, parking, and storage.

1-room: €75 976–€91 927; 3-room: €129 613–€156 824; 4-room: €209 591–€253 594.

The model-based indicative asking price is approximately €4 044/m² (for the typical 1-room unit, about €84 510), allowing a 3–5% negotiation buffer.

A 1-room apartment in good condition has an estimated market rent of €390–€480 per month, generating an estimated gross yield of 6,0–7,0%.

Buying means a loan payment of about €333 a month, renting €390–€480 — the loan payment is 23% below the rent. That is 16% (loan) and 20% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 1-room flat (20.9 m²) at €80,486 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €16,097 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 135 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 74% were in the two best classes and 6% in the two worst (level: moderate). Estimated road noise at the building is 53 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, a typical flat paid the association €64 per month, plus utilities. Association fees excluding utilities were €3.27/m² per month. The repair fund held €14 195 at year end. The association had no loans. From 2021 to 2025 association fees changed by +30% in total; the repair fund went from €5 806 (2021) to €14 195 (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.