PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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3 Bedroom Family Home with Lounge and Dining

425091 · Heidelberg · Heidelberg · 3 bed · freehold · auction 14 Aug 2026

+Pass, reserve +Pass, walk_away ?Review, market 14 days · in window
Gross yield
not computed
no rent held for Heidelberg
Over market
5.3%
value R 1 310 227.50, all-in above it

Walk away above R 1 031 853.03 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 4 Sep 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 1 416.38

Registered against the title · 3

Bond, Standard Bank Of South Africa Ltd B56365/2013 R 1 190 000.00
Bond, Standard Bank Of South Africa Ltd B48566/2014 R 241 000.00
Interdict I-4058/2025AT
!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 · 13 used of 13

Market value
R 1 310 227.50
R 1 345.20 per m², median
Last sold
R 1 190 000.00
2013/10/01

= Consistent with its own 2013 sale of R 1 190 000.00, at 0.8% a year over 12.8 years.

ErfPer m²PriceSize AwaySold
Erf 2688 R 411 R 600 000 1461 63 2024
Erf 1540 R 648 R 800 000 1235 254 2025
Erf 1525 R 692 R 975 695 1410 227 2025
Erf 818 R 940 R 950 000 1011 109 2025
Erf 1531 R 1 091 R 1 415 000 1297 195 2024
Erf 855 R 1 335 R 1 300 000 974 62 2024
Erf 823 R 1 345 R 1 360 000 1011 92 2026
Erf 1538 R 1 350 R 1 230 000 911 139 2024
Erf 855 R 1 489 R 1 450 000 974 62 2024
Erf 27 R 1 965 R 4 123 648 2099 184 2023
Erf 776 R 1 986 R 1 845 000 929 313 2025
Erf 1539 R 2 048 R 2 275 000 1111 135 2024
Erf 3039 R 2 196 R 1 700 000 774 43 2026
Erf 30 R 2 288 R 2 400 000 1049 326 2025
Erf 55 R 3 300 R 6 950 000 2106 271 2024

13 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 400 000.00 and R 2 228 408.01. 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 · 7

Sale held byof the High Court Heidelberg
Case number119669/2024
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 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 13 nearby sales, sold 2024 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: LGR Incorporated (0128174843). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision