Tööstuse tänav 62a, Tallinn

Tööstuse tn 62a is a 2-story apartment building constructed in 1961, located in Põhja-Tallinna linnaosa, comprising 8 apartments. The EHR registry code is 101023239 and cadastral ID is 78408:807:0022. Estiq reports energy class E.

The Estiq AVM model estimate is 2 587 €/m². The valuation range spans 2 341–2 833 €/m². The calculated fair value of a typical 2-room apartment is approximately €113 838.

Based on the 2 587 €/m² benchmark, a 40 sqm apartment is indicatively valued at €103 480 and a 50 sqm apartment at €129 350. Actual value depends on interior condition, floor, parking, and storage.

1-room: €82 615–€99 959; 2-room: €102 779–€124 357; 3-room: €122 212–€147 870; 4-room: €139 996–€169 387.

The model-based indicative asking price is approximately €2 839/m² (for the typical 2-room unit, about €119 530), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €490–€600 per month, generating an estimated gross yield of 5,2–6,2%.

Buying means a loan payment of about €471 a month, renting €490–€600 — the loan payment is 14% below the rent. That is 22% (loan) and 26% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (42.1 m²) at €113,838 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €22,768 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 145 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 10% in the two worst (level: elevated). 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.

Association fees excluding utilities were €0.17/m² per month. The repair fund held €3 910 at year end. The association had no loans. From 2021 to 2025 association fees changed by −80% in total; the repair fund went from €10 235 (2021) to €3 910 (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.