PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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3 Bedroom House with Lounge and Dining Room

421264 · Vereeniging · Drieziek · 3 bed · freehold · auction 30 Jul 2026

+Pass, reserve ?Review, walk_away ?Review, market -1 days
Gross yield
not computed
no rent held for Drieziek
Over market
76.2%
value R 187 714.29, all-in above it

Firm, figures that exist

Bid price, reserve published on the listing R 100 000.00
Sheriff's commissionR 6 000.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 900.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 131 900.00

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 80 000.00
Remediation R 0.00R 50 000.00
Eviction R 0.00R 45 000.00
Holding cost R 4 500.00R 13 500.00
Provisioned range R 4 500.00R 188 500.00

Cash

On auction dayR 16 900.00
Balance by 20 Aug 2026 R 90 000.00
All-in, floor to ceiling R 131 900.00R 330 802.50
All-in per m² at the ceilingR 1 510.51

Registered against the title · 1

Bond, South African Home Loans Guarantee Trust B42175/2022 R 350 000.00

Nearby sales · 7 used of 8

Market value
R 187 714.29
R 857.14 per m², median
Last sold
R 320 000.00
2022/06/29

! This value implies -12.2% a year against its own 2022 sale of R 320 000.00, outside what the rest of the census shows. Treat it as unverified until someone has looked.

ErfPer m²PriceSize AwaySold
Erf 2010 R 25 R 5 200 204 151 2026
Erf 2707 R 27 R 6 500 239 148 2023
Erf 2689 R 28 R 6 500 234 194 2023
Erf 2014 R 28 R 6 500 231 169 2023
Erf 1829 R 31 R 6 500 207 172 2023
Erf 2633 R 234 R 54 650 234 119 2020
Erf 2660 R 268 R 54 650 204 66 2020
Erf 2724 R 268 R 54 650 204 161 2020
Erf 2701 R 299 R 70 000 234 158 2023
Erf 2027 R 476 R 100 000 210 231 2024
Erf 2083 R 857 R 180 000 210 123 2025
Erf 2247 R 900 R 280 000 311 34 2025
Erf 2057 R 928 R 192 000 207 188 2025
Erf 16590 R 1 136 R 300 000 264 248 2025
Erf 2081 out R 3 095 R 650 000 210 99 2025

7 nearby sales, sold 2023 to 2026; 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 5 582.35 and R 248 863.64. 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

AtVEREENIGING: 91BGENERAL HERTZOG ROAD, THREE RIVERS
Evidence read 2026-07-31

Flags · 5

!conveyancing_bands
!vat_rate
!commission scale not recited in the notice - configured fallback used
!VAT status is not recited, and notices do not state it: modelled as a transfer-duty sale at R0. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R15000 in its place.
!market value disagrees with this property's own last sale - this value implies -12.2% a year against its own 2022 sale, outside the -10% to +18% the rest of the census shows

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 7 nearby sales, sold 2023 to 2026; 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: VELILE TINTO & ASSOCIATES INC. ((012) 8073366). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision