PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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3 Bedroom Family Home on Erf 18344 Worcester

423750 · Worcester · Worcester · 3 bed · freehold · auction 5 Aug 2026

+Pass, reserve +Pass, walk_away ?Review, market 5 days
Gross yield
not computed
no rent held for Worcester
Under market
9.9%
value R 1 524 341.48

Walk away above R 1 238 258.76 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 995 000.00
Sheriff's commissionR 25 425.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 3 813.75
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 40 000.00
Firm costR 1 064 238.75

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 128 738.75
Balance by 26 Aug 2026 R 895 500.00
All-in, floor to ceiling R 1 064 238.75R 1 373 955.13
All-in per m² at the ceilingR 3 302.78

Registered against the title · 2

Bond, Ltd B22125/2020 R 1 500 000.00
Interdict I-1133/2024AT
!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 · 12 used of 12

Market value
R 1 524 341.48
R 3 664.28 per m², median
Last sold
R 1 500 000.00
2020/07/06

= Consistent with its own 2020 sale of R 1 500 000.00, at 0.3% a year over 6.1 years.

ErfPer m²PriceSize AwaySold
Erf 27555 R 12 R 7 200 615 461 2022
Erf 27554 R 400 R 7 200 18 449 2022
Erf 13687 R 761 R 500 000 657 305 2023
Erf 21280 R 1 220 R 11 730 000 9611 376 2025
Erf 21277 R 1 313 R 7 820 000 5957 446 2025
Erf 13839 R 2 399 R 1 850 000 771 322 2025
Erf 13777 R 2 628 R 1 700 000 647 250 2024
Erf 13807 R 2 636 R 1 550 000 588 188 2025
Erf 18345 R 3 650 R 1 500 000 411 14 2025
Erf 13744 R 3 679 R 2 200 000 598 197 2024
Erf 17190 R 3 918 R 1 630 000 416 14 2024
Erf 16299 R 4 232 R 1 240 000 293 134 2024
Erf 20038 R 5 624 R 2 750 000 489 475 2025
Erf 16289 R 5 667 R 1 700 000 300 128 2026
Erf 20031 R 7 682 R 2 750 000 358 502 2025

12 nearby sales, sold 2022 to 2026. The median runs across the rest, and the rates they span put this erf between R 4 870.24 and R 3 195 530.73. 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 · 8

Case number6708/2023
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 R149250 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 12 nearby sales, sold 2022 to 2026, 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: STRYDOM BRITZ MOHULATSI INC. (0123651887). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision