Tööstuse tänav 16, Tallinn

Tööstuse tn 16 is a 3-story apartment building constructed in 2019, located in Põhja-Tallinna linnaosa, comprising 6 apartments. The EHR registry code is 120831974 and cadastral ID is 78408:801:0420. Estiq reports estimated energy class B.

The Estiq AVM model estimate is 4 669 €/m². The valuation range spans 4 225–5 113 €/m². The calculated fair value of a typical 3-room apartment is approximately €295 376.

Based on the 4 669 €/m² benchmark, a 40 sqm apartment is indicatively valued at €186 760 and a 50 sqm apartment at €233 450. Actual value depends on interior condition, floor, parking, and storage.

1-room: €201 388–€243 668; 2-room: €198 738–€240 462; 3-room: €273 003–€330 319.

The model-based indicative asking price is approximately €4 713/m² (for the typical 3-room unit, about €310 145), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €1 270–€1 560 per month, generating an estimated gross yield of 5,3–6,3%.

Buying means a loan payment of about €1,221 a month, renting €1,270–€1,560 — the loan payment is 14% below the rent. That is 57% (loan) and 67% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (65.8 m²) at €295,376 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €59,075 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 2% 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 €2.03/m² per month in total including utilities; a typical flat paid €129 per month. Association fees excluding utilities were €0.79/m² per month, of which €0.13/m² to the repair fund. The repair fund held €480 at year end. The association had no loans. For comparison, the median of 204 associations in Kalamaja subdistrict was €2.72/m² per month. From 2021 to 2024 association fees changed by +37% in total; the repair fund went from €760 (2021) to €480 (2024). 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.