Vana-Kalamaja tänav 38/2, Tallinn

Vana-Kalamaja tn 38/2 is a 2-story apartment building constructed in 1896, located in Põhja-Tallinna linnaosa, comprising 6 apartments. The EHR registry code is 101022668 and cadastral ID is 78408:801:0089. Estiq reports estimated energy class E.

The Estiq AVM model estimate is 3 930 €/m². The valuation range spans 3 557–4 303 €/m². The calculated fair value of a typical 1-room apartment is approximately €85 603.

Based on the 3 930 €/m² benchmark, a 30 sqm apartment is indicatively valued at €117 900 and a 40 sqm apartment at €157 200. Actual value depends on interior condition, floor, parking, and storage.

1-room: €74 900–€90 625; 2-room: €137 928–€166 885.

The model-based indicative asking price is approximately €4 260/m² (for the typical 1-room unit, about €89 883), allowing a 3–5% negotiation buffer.

A 1-room apartment in good condition has an estimated market rent of €400–€490 per month, generating an estimated gross yield of 5,8–6,8%.

Buying means a loan payment of about €354 a month, renting €400–€490 — the loan payment is 20% below the rent. That is 17% (loan) and 21% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 1-room flat (21.1 m²) at €85,603 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €17,121 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, 80% were in the two best classes and 3% in the two worst (level: moderate). Estimated road noise at the building is 55 dB (Lden). Radon in soil gas: high (50–100 kBq/m³). These describe the area, not a specific apartment.

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); 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.