4 Bedroom Double Storey House with Garage and Pool
421328 · Pietermaritzburg · Montrose · 4 bed · freehold · auction 30 Jul 2026
That comparison rests on a configured band, not on a bid. No reserve is recited and no market value is held, so the all-in ceiling is built from the configured band rather than from a price anyone has named or a value anyone has derived.
Firm, figures that exist
| Bid price, modelled band floor | R 50 000.00 |
| Sheriff's commission | R 3 000.00 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 450.00 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 78 450.00 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 80 000.00 |
| Remediation | R 0.00 – R 50 000.00 |
| Eviction | R 0.00 – R 45 000.00 |
| Holding cost | R 4 500.00 – R 13 500.00 |
| Provisioned range | R 4 500.00 – R 188 500.00 |
Cash
| On auction day | R 8 450.00 |
| Balance by 20 Aug 2026 | R 45 000.00 |
| All-in, floor to ceiling | R 78 450.00 – R 734 200.00 |
| All-in per m² at the ceiling | R 317.70 |
Registered against the title · 2
| Bond, Nedbank Limited B22182/2021 | R 3 710 000.00 |
| Interdict I-178/2026AT | — |
Nearby sales · 3 used of 4
! This value implies -13.1% a year against its own 2021 sale of R 3 900 000.00, outside what the rest of the census shows. Treat it as unverified until someone has looked.
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 1531 | R 772 | R 2 000 000 | 2589 | 326 | 2025 |
| Erf 1531 | R 837 | R 2 450 000 | 2928 | 392 | 2025 |
| Erf 1531 | R 898 | R 2 850 000 | 3175 | 130 | 2024 |
| Erf 1531 out | R 1 173 | R 1 950 000 | 1663 | 297 | 2024 |
| Erf 1531 | R 2 790 | R 1 395 000 | 500 | 314 | 2024 |
| Erf 1531 | R 2 849 | R 1 450 000 | 509 | 329 | 2025 |
| Erf 1531 | R 3 209 | R 1 460 000 | 455 | 343 | 2025 |
| Erf 1531 | R 3 762 | R 1 550 000 | 412 | 323 | 2025 |
| Erf 1531 | R 4 305 | R 1 950 000 | 453 | 339 | 2025 |
| Unit 10 Penny Royal | R 8 571 | R 1 380 000 | 161 | 367 | 2024 |
| Unit 8 Penny Royal | R 9 627 | R 1 550 000 | 161 | 367 | 2024 |
| Unit 5 Greg's View 51 Davenport Road | R 10 140 | R 1 450 000 | 143 | 282 | 2025 |
| Unit 3 Greg's View 51 Davenport Road | R 10 690 | R 1 550 000 | 145 | 282 | 2023 |
| Unit 1 Greg's View 51 Davenport Road | R 10 764 | R 1 550 000 | 144 | 282 | 2024 |
| Unit 11 Neden Lodge 55 Neden Road | R 12 072 | R 1 340 000 | 111 | 413 | 2026 |
3 nearby sales, sold 2024 to 2025; 1 excluded as outliers. The 1 marked out sit beyond three median absolute deviations of the rate: improved property filed against a vacant erf, or a transfer not at arm's length. They are struck through rather than dropped, so the exclusion can be argued with. The median runs across the rest, and the rates they span put this erf between R 1 785 245.27 and R 2 074 440.94. Sizes are in m² and distances in metres. Evidence about the area, not a valuation of this property, which nobody has inspected.
Recited by the notice · 6
| Sale held by | Pietermaritzburg |
| Evidence read | 2026-07-31 |
Flags · 5
The municipal arrears figure is a provision, not a quote. A non-owner may not obtain the clearance figure from the municipality; the sheriff gives an estimate on the day. Do not bid against the midpoint of this range.
Market value is derived from 3 nearby sales, sold 2024 to 2025; 1 excluded as outliers, at the median of rate per square metre. It is evidence about the area, not a valuation of this property, which nobody has inspected.
Attorneys for the execution creditor: Shepstone & Wylie (031-5757532). This is the practical route to an arrears figure before auction day.