PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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3 Bedroom House with Lounge

423606 · Randburg West · Bloubosrand · 3 bed · freehold · auction 4 Aug 2026

+Pass, reserve +Pass, walk_away ?Review, market 4 days
Gross yield
not computed
no rent held for Bloubosrand
Under market
36.5%
value R 1 024 338.62

Walk away above R 770 472.97 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 recited R 380 000.00
Sheriff's commissionR 15 800.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 370.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 423 170.00

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 56 170.00
Balance by 25 Aug 2026 R 342 000.00
All-in, floor to ceiling R 423 170.00R 650 785.50
All-in per m² at the ceilingR 2 689.20

Registered against the title · 2

Bond, South African Home Loans Guarantee Trust B16254/2016 R 720 000.00
Interdict I-3797/2022AT
!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 · 3 used of 5

Market value
R 1 024 338.62
R 4 232.80 per m², median
Last sold
R 205 000.00
2015/08/17

= Consistent with its own 2015 sale of R 205 000.00, at 15.8% a year over 11.0 years.

ErfPer m²PriceSize AwaySold
Erf 1644 out R 2 717 R 720 000 265 94 2025
Erf 1644 out R 2 946 R 825 000 280 125 2025
Erf 1644 R 4 167 R 750 000 180 94 2025
Erf 1644 R 4 233 R 800 000 189 67 2024
Erf 1644 R 4 339 R 820 000 189 24 2026
Unit 456 Bridgetown R 6 570 R 328 500 50 152 2025
Unit 305 Bridgetown R 6 900 R 345 000 50 152 2025
Unit 343 Bridgetown R 7 000 R 350 000 50 152 2026
Unit 379 Bridgetown R 7 160 R 358 000 50 152 2025
Unit 360 Bridgetown R 7 260 R 363 000 50 152 2025
Unit 348 Bridgetown R 7 400 R 370 000 50 152 2025
Unit 485 Bridgetown R 7 927 R 325 000 41 152 2025
Unit 424 Bridgetown R 8 537 R 350 000 41 152 2025
Unit 314 Bridgetown R 9 000 R 450 000 50 152 2025
Unit 376 Bridgetown R 19 900 R 995 000 50 152 2025

3 nearby sales, sold 2024 to 2026; 2 excluded as outliers. The 2 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 1 008 333.33 and R 1 049 947.09. 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 · 5

Evidence read 2026-07-31

Flags · 4

!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 R57000 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 3 nearby sales, sold 2024 to 2026; 2 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: Hammond Pole Ndlovu Inc C/o NVG Attorneys (0118741800). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision