Vesivärava tänav 40, Tallinn

Vesivärava tn 40 is a 3-story apartment building constructed in 2018, located in Kesklinna linnaosa, comprising 10 apartments. The EHR registry code is 120787095 and cadastral ID is 78401:115:3690. Estiq reports estimated energy class B.

The Estiq AVM model estimate is 4 756 €/m². The valuation range spans 4 304–5 208 €/m². The calculated fair value of a typical 3-room apartment is approximately €370 870.

Based on the 4 756 €/m² benchmark, a 50 sqm apartment is indicatively valued at €237 800 and a 75 sqm apartment at €356 700. Actual value depends on interior condition, floor, parking, and storage.

2-room: €254 216–€307 587; 3-room: €345 570–€418 121; 4-room: €475 789–€575 678.

The model-based indicative asking price is approximately €4 802/m² (for the typical 3-room unit, about €389 414), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €1 390–€1 700 per month, generating an estimated gross yield of 4,5–5,5%.

Buying means a loan payment of about €1,533 a month, renting €1,390–€1,700 — about the same. That is 72% (loan) and 73% (rent) of the median gross wage (Tallinn, €2,126, Q2 2026, Statistics Estonia). Assumes the typical 3-room flat (81.1 m²) at €370,870 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €74,174 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 422 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 64% were in the two best classes and 10% in the two worst (level: elevated). 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.

According to the apartment association's 2025 annual report, owners paid on average €2.27/m² per month in total including utilities; a typical flat paid €221 per month. Association fees excluding utilities were €1.21/m² per month. The repair fund held €914 at year end. The association had no loans. For comparison, the median of 73 associations in Kadrioru subdistrict was €3.19/m² per month. From 2021 to 2025 association fees changed by +59% in total; the repair fund went from €0 (2021) to €914 (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.