The victory of the Soviet forces near Okinin was of great
importance in the Battle of the Capital. The attempt by German troops to surround Moscow ended in defeat. Direct communication between the western and northwestern strategic directions was restored and interaction between the Kaliningrad, Western and Northwestern fronts was ensured.
During the fighting and occupation the city was severely damaged: 7,714 buildings and 510.3 thousand meters of living space were destroyed, which amounted to 56 percent of the housing stock of the city, and more than 70 enterprises were disabled. New residential buildings on Tchaikovsky Avenue and Leningrad Highway were burned. Whole residential districts were also burned along the streets of Volny Novgorod, Uritski, Soviet, Verkhovskaya, Musorgsky, on the avenue of Kalinin, districts in Shvererečye and in the area of the car factory, etc.
The total damage caused to the national economy of the city exceeded 1.5 billion rubles.