Vana-Kalamaja tänav 16, Tallinn

Vana-Kalamaja tn 16 is a 5-story apartment building constructed in 1992, located in Põhja-Tallinna linnaosa, comprising 47 apartments. The EHR registry code is 101018516 and cadastral ID is 78408:801:0028. Estiq reports energy class D.

The Estiq AVM model estimate is 3 673 €/m². The valuation range spans 3 324–4 022 €/m². The calculated fair value of a typical 3-room apartment is approximately €225 014.

Based on the 3 673 €/m² benchmark, a 40 sqm apartment is indicatively valued at €146 920 and a 50 sqm apartment at €183 650. Actual value depends on interior condition, floor, parking, and storage.

1-room: €133 318–€161 308; 2-room: €167 461–€202 619; 3-room: €205 596–€248 760; 4-room: €258 799–€313 132.

The model-based indicative asking price is approximately €3 786/m² (for the typical 3-room unit, about €236 265), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €1 070–€1 310 per month, generating an estimated gross yield of 5,9–6,9%.

Buying means a loan payment of about €930 a month, renting €1,070–€1,310 — the loan payment is 22% below the rent. That is 44% (loan) and 56% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (62.4 m²) at €225,014 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €45,003 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, 56% were in the two best classes and 11% in the two worst (level: elevated). Estimated road noise at the building is 61 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 2025 annual report, a typical flat paid the association €156 per month, plus utilities. Association fees excluding utilities were €3.11/m² per month, of which €0.64/m² to the repair fund. The repair fund held €8 146 at year end. The association had no loans. From 2021 to 2025 association fees changed by +44% in total; the repair fund went from €34 714 (2021) to €8 146 (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.