PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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3 Bedroom House with Outbuildings on Large Erf

425114 · Boksburg · Jansen Park · 3 bed · freehold · auction 14 Aug 2026

+Pass, reserve ×Fail, walk_away ?Review, market 14 days · in window
Gross yield
not computed
no rent held for Jansen Park
Over market
11.2%
value R 1 500 000.00, all-in above it

Walk away above R 1 215 015.52 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 1 250 000.00
Sheriff's commissionR 29 250.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 4 387.50
Transfer dutyR 4 500.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 1 348 137.50

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 163 137.50
Balance by 4 Sep 2026 R 1 125 000.00
All-in, floor to ceiling R 1 348 137.50R 1 667 543.75
All-in per m² at the ceilingR 1 682.69

Registered against the title · 2

Bond, B S A Home Loans Guarantee Co Rf Pty Ltd B1912/2022 R 1 495 000.00
Interdict I-983/2026AT
!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 · 5 used of 5

Market value
R 1 500 000.00
R 1 513.62 per m², median
Last sold
R 1 495 000.00
2021/11/22

= Consistent with its own 2021 sale of R 1 495 000.00, at 0.1% a year over 4.7 years.

ErfPer m²PriceSize AwaySold
Erf 106 R 634 R 1 100 000 1735 143 2024
Erf 59 R 1 251 R 1 240 000 991 64 2025
re Street Erf 90 Jansen Park R 1 514 R 1 500 000 991 99 2024
Erf 63 R 1 713 R 1 698 000 991 39 2024
Erf 67 R 1 766 R 1 750 000 991 64 2024
Unit 17 Villa Charlise R 6 500 R 448 500 69 212 2025
Unit 25 Villa Celeste 27 Edgar Road R 8 140 R 757 000 93 264 2026
Unit 43 Villa Celeste 27 Edgar Road R 8 143 R 570 000 70 264 2025
Unit 17 Villa Charlise R 8 478 R 585 000 69 212 2025
Unit 20 Villa Charlise R 8 571 R 600 000 70 212 2025
Unit 1 Villa Celeste 27 Edgar Road R 8 602 R 800 000 93 264 2026
Unit 26 Villa Celeste 27 Edgar Road R 8 925 R 830 000 93 264 2025
Unit 2 Villa Celeste 27 Edgar Road R 9 032 R 840 000 93 264 2025
Unit 8 Villa Celeste 27 Edgar Road R 9 143 R 640 000 70 264 2025
Unit 30 Villa Celeste 27 Edgar Road R 10 290 R 710 000 69 264 2026

5 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 628 299.71 and R 1 750 000.00. 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 · 5

Evidence read 2026-07-31

Flags · 6

!conveyancing_bands
!transfer_duty_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 R4500. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R187500 in its place.
!the lowest bid this sale permits, R1250000, is already above the R1215016 walk-away price - no bid in the band recovers its own cost against modelled value, so this cannot alert whatever the rent turns out to be

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 5 nearby sales, sold 2024 to 2025, 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 Majola Inc C/o NVG Attorneys (0118741800). This is the practical route to an arrears figure before auction day.

Transfer duty is normally paid to SARS through the conveyancer before registration, not on auction day. Section 7.2 includes it in the auction-day figure; confirm the timing with the conveyancer.

Keep this one Favourites hold a shortlist, not a decision