PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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1 Bedroom House with Double Garage and Pool

421330 · Mokopane · Chroompark · 1 bed · freehold · auction 31 Jul 2026

+Pass, reserve +Pass, walk_away ?Review, market 0 days
Gross yield
not computed
no rent held for Chroompark
Under market
19.1%
value R 1 704 545.45

Walk away above R 1 410 332.25 Bid more than this and the all-in cost, provisions at full, passes what the property is worth. It is a ceiling on the bid, not a forecast of it, and it moves with the provisions.

Firm, figures that exist

Bid price, reserve published on the listing R 1 000 000.00
Sheriff's commissionR 25 500.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 3 825.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 40 000.00
Firm costR 1 069 325.00

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 129 325.00
Balance by 21 Aug 2026 R 900 000.00
All-in, floor to ceiling R 1 069 325.00R 1 379 550.00
All-in per m² at the ceilingR 1 149.63

Registered against the title · 2

Bond, Absa Bank Ltd B2526/2019 R 1 380 000.00
Interdict I-15/2025AT
!1 interdict registered. An interdict restrains dealing with the property and is not extinguished by the sale in the way a bond is. This is a question for the conveyancer before bidding, not after.

Nearby sales · 9 used of 12

Market value
R 1 704 545.45
R 1 420.45 per m², median
Last sold
R 1 380 000.00
2019/05/16

= Consistent with its own 2019 sale of R 1 380 000.00, at 3.0% a year over 7.2 years.

ErfPer m²PriceSize AwaySold
Erf 1990 out R 586 R 860 000 1467 222 2025
Erf 2142 out R 645 R 891 000 1382 146 2024
Erf 2002 R 1 151 R 1 700 000 1477 211 2025
Erf 2155 R 1 242 R 1 490 000 1200 129 2025
Erf 2141 R 1 353 R 1 870 000 1382 190 2024
Erf 2083 R 1 358 R 1 630 000 1200 191 2025
Erf 2057 R 1 371 R 1 680 000 1225 72 2025
Erf 2084 R 1 417 R 1 700 000 1200 167 2025
Erf 2157 R 1 417 R 1 700 000 1200 187 2024
Erf 2054 R 1 420 R 1 750 000 1232 155 2026
Erf 1999 R 1 483 R 2 200 000 1483 145 2024
Erf 2185 R 1 542 R 1 850 000 1200 153 2025
Erf 2152 R 1 592 R 2 200 000 1382 100 2025
Erf 2164 R 1 683 R 2 020 000 1200 256 2025
Erf 2093 out R 2 475 R 2 970 000 1200 150 2025

9 nearby sales, sold 2024 to 2026; 3 excluded as outliers. The 3 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 1 490 000.00 and R 2 020 000.00. 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 · 12

ZoningRESIDENTIAL
Sale held byMokopane
At120A Ruiter Road, Mokopane
Case number1625/2024
Evidence read 2026-07-31

Flags · 3

!conveyancing_bands
!vat_rate
!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 R150000 in its place.

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 9 nearby sales, sold 2024 to 2026; 3 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: VZLR Attorneys ((012) 435-9444). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision