Varese tänav 3, Tallinn

Varese tn 3 is a 5-story apartment building constructed in 2004, located in Kristiine linnaosa, comprising 24 apartments. The EHR registry code is 120258000 and cadastral ID is 78407:701:7011. Estiq reports energy class E.

The Estiq AVM model estimate is 3 655 €/m². The valuation range spans 3 311–3 999 €/m². The calculated fair value of a typical 2-room apartment is approximately €166 492.

Based on the 3 655 €/m² benchmark, a 50 sqm apartment is indicatively valued at €182 750 and a 75 sqm apartment at €274 125. Actual value depends on interior condition, floor, parking, and storage.

1-room: €127 550–€154 018; 2-room: €156 253–€188 676; 3-room: €230 052–€277 788; 4-room: €285 453–€344 686.

The model-based indicative asking price is approximately €3 920/m² (for the typical 2-room unit, about €174 817), 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 3,5–4,5%.

Buying means a loan payment of about €688 a month, renting €510–€620 — the loan payment is 22% above the rent. That is 32% (loan) and 27% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 2-room flat (44.6 m²) at €166,492 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €33,298 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 91 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: above average). Air: of the last 12 months' hourly readings, 60% were in the two best classes and 16% in the two worst (level: elevated). Estimated road noise at the building is 55 dB (Lden). Radon in soil gas: low (10–30 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €3.70/m² per month in total including utilities; a typical flat paid €182 per month. Association fees excluding utilities were €0.86/m² per month. The repair fund held €20 176 at year end. The association had no loans. For comparison, the median of 236 associations in Lilleküla subdistrict was €3.03/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.