Valgevase tänav 8a, Tallinn

Valgevase tn 8a is a 3-story apartment building constructed in 1932, located in Põhja-Tallinna linnaosa, comprising 12 apartments. The EHR registry code is 101035306 and cadastral ID is 78408:801:2480. Estiq reports energy class F.

The Estiq AVM model estimate is 3 200 €/m². The valuation range spans 2 896–3 504 €/m². The calculated fair value of a typical 2-room apartment is approximately €104 960.

Based on the 3 200 €/m² benchmark, a 40 sqm apartment is indicatively valued at €128 000 and a 50 sqm apartment at €160 000. Actual value depends on interior condition, floor, parking, and storage.

1-room: €81 189–€98 235; 2-room: €96 726–€117 034; 3-room: €143 734–€173 911.

The model-based indicative asking price is approximately €3 360/m² (for the typical 2-room unit, about €110 208), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €510–€620 per month, generating an estimated gross yield of 5,9–6,9%.

Buying means a loan payment of about €434 a month, renting €510–€620 — the loan payment is 23% below the rent. That is 20% (loan) and 27% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (32.8 m²) at €104,960 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €20,992 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 229 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 65% were in the two best classes and 9% in the two worst (level: elevated). Estimated road noise at the building is 60 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €5.35/m² per month in total including utilities; a typical flat paid €184 per month. Association fees excluding utilities were €0.35/m² per month. The repair fund held €0 at year end. The association had €26 543 of loans outstanding. For comparison, the median of 184 associations in Kalamaja subdistrict was €2.97/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.