Soo tänav 40, Tallinn

Soo tn 40 is a 3-story apartment building constructed in 2014, located in Põhja-Tallinna linnaosa, comprising 14 apartments. The EHR registry code is 120661081 and cadastral ID is 78408:801:0248. Estiq reports energy class E.

The Estiq AVM model estimate is 4 727 €/m². The valuation range spans 4 278–5 176 €/m². The calculated fair value of a typical 2-room apartment is approximately €246 556.

Based on the 4 727 €/m² benchmark, a 50 sqm apartment is indicatively valued at €236 350 and a 75 sqm apartment at €354 525. Actual value depends on interior condition, floor, parking, and storage.

2-room: €224 475–€271 602; 3-room: €251 103–€303 821; 4-room: €412 924–€499 616.

The model-based indicative asking price is approximately €5 188/m² (for the typical 2-room unit, about €258 884), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €710–€870 per month, generating an estimated gross yield of 3,4–4,4%.

Buying means a loan payment of about €1,019 a month, renting €710–€870 — the loan payment is 29% above the rent. That is 48% (loan) and 37% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (49.9 m²) at €246,556 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €49,311 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 210 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 78% were in the two best classes and 4% in the two worst (level: moderate). Estimated road noise at the building is 60 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 2024 annual report, owners paid on average €3.49/m² per month in total including utilities; a typical flat paid €202 per month. Association fees excluding utilities were €1.56/m² per month, of which €0.39/m² to the repair fund. The repair fund held €9 988 at year end. The association had no loans. For comparison, the median of 205 associations in Kalamaja subdistrict was €2.72/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.