PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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3 Bedroom Family Home with Pool and Lapa

425182 · Bloemfontein East · Bayswater · 3 bed · freehold · auction 5 Aug 2026

+Pass, reserve +Pass, walk_away ?Review, market 5 days
Gross yield
not computed
no rent held for Bayswater
Under market
16.7%
value R 1 656 709.34

Walk away above R 1 364 654.42 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 26 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 1 109.86

Registered against the title · 1

Bond, Ltd B3134/2021 R 1 538 250.00

Nearby sales · 15 used of 15

Market value
R 1 656 709.34
R 1 332.83 per m², median
Last sold
R 1 465 000.00
2021/01/28

= Consistent with its own 2021 sale of R 1 465 000.00, at 2.3% a year over 5.5 years.

ErfPer m²PriceSize AwaySold
Erf 7943 R 603 R 750 000 1243 106 2024
Erf 7922 R 882 R 1 050 000 1190 151 2024
Erf 7910 R 916 R 1 350 000 1474 160 2026
Erf 7946 R 925 R 1 150 000 1243 27 2024
Erf 7976 R 1 076 R 1 280 000 1190 112 2024
Erf 7881 R 1 172 R 1 395 000 1190 277 2025
Erf 7925 R 1 319 R 1 570 000 1190 91 2026
Erf 7930 R 1 333 R 1 770 000 1328 121 2024
Erf 7995 R 1 387 R 1 650 000 1190 202 2025
Erf 7965 R 1 463 R 1 900 000 1299 179 2025
Erf 7944 R 1 472 R 1 830 000 1243 79 2026
Erf 7978 R 1 504 R 1 790 000 1190 111 2024
Erf 7922 R 1 555 R 1 850 000 1190 151 2025
Erf 8014 R 1 572 R 1 800 000 1145 233 2024
Erf 7977 R 1 765 R 2 100 000 1190 109 2024

15 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 750 000.00 and R 2 193 529.41. 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 number1921/2023
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 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 15 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: HANNES GOUWS & PARTNERS INC. ((012) 321-1008). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision