Terase tänav 16, Tallinn

Terase tn 16 is a 6-story apartment building constructed in 2014, located in Kesklinna linnaosa, comprising 13 apartments. The EHR registry code is 120606721 and cadastral ID is 78401:113:1560. Estiq reports estimated energy class B.

The Estiq AVM model estimate is 4 745 €/m². The valuation range spans 4 294–5 196 €/m². The calculated fair value of a typical 2-room apartment is approximately €236 544.

Based on the 4 745 €/m² benchmark, a 50 sqm apartment is indicatively valued at €237 250 and a 75 sqm apartment at €355 875. Actual value depends on interior condition, floor, parking, and storage.

2-room: €214 073–€259 016; 3-room: €378 674–€458 175.

The model-based indicative asking price is approximately €5 207/m² (for the typical 2-room unit, about €248 371), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €650–€800 per month, generating an estimated gross yield of 3,2–4,2%.

Buying means a loan payment of about €978 a month, renting €650–€800 — the loan payment is 35% above the rent. That is 46% (loan) and 34% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (47.7 m²) at €236,544 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €47,309 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 153 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 53% were in the two best classes and 15% in the two worst (level: elevated). Estimated road noise at the building is 60 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 €177 per month in total, including utilities. Association fees excluding utilities were €1.18/m² per month, of which €0.14/m² to the repair fund. The repair fund held €17 156 at year end. The association had no loans. 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.