PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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3 Bedroom House on Erf 301 sqm

425199 · Bloemfontein East · Heidedal · 3 bed · freehold · auction 5 Aug 2026

+Pass, reserve ×Fail, walk_away ?Review, market 5 days
Gross yield
not computed
no rent held for Heidedal
Over market
65.2%
value R 585 855.09, all-in above it

Walk away above R 355 183.93 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 650 000.00
Sheriff's commissionR 20 250.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 3 037.50
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 40 000.00
Firm costR 713 287.50

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 133 287.50
Balance by 26 Aug 2026 R 585 000.00
All-in, floor to ceiling R 713 287.50R 967 908.75
All-in per m² at the ceilingR 3 215.64

Registered against the title · 3

Bond, Ltd B6850/2021 R 820 000.00
Interdict I-996/2017LG
Interdict I-995/2017LG
!2 interdicts 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 · 14 used of 15

Market value
R 585 855.09
R 1 946.36 per m², median
Last sold
R 820 000.00
2020/05/21

= Consistent with its own 2020 sale of R 820 000.00, at -5.3% a year over 6.2 years.

ErfPer m²PriceSize AwaySold
Erf 22767 R 670 R 260 000 388 437 2025
Erf 22823 R 804 R 450 000 560 324 2025
Erf 22776 R 1 714 R 600 000 350 425 2024
Erf 22767 R 1 727 R 670 000 388 437 2025
Erf 22831 R 1 765 R 750 000 425 525 2025
Erf 22693 R 1 820 R 830 000 456 97 2023
Erf 10519 R 1 921 R 830 000 432 387 2026
Erf 22803 R 1 971 R 690 000 350 504 2025
Erf 22792 R 2 271 R 820 000 361 507 2025
Erf 22800 R 2 343 R 820 000 350 469 2026
Erf 33105 R 2 361 R 850 000 360 160 2024
Erf 22794 R 2 366 R 880 000 372 478 2026
Erf 33094 R 2 667 R 920 000 345 218 2025
Erf 33063 R 2 997 R 899 000 300 49 2025
Erf 10538 out R 3 662 R 1 300 000 355 377 2025

14 nearby sales, sold 2023 to 2026; 1 excluded as outliers. The 1 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 201 701.03 and R 901 996.67. 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

Registration to bid, refundable R 45 000.00
Case number6239/2023
Evidence read 2026-07-31

Flags · 5

!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 R97500 in its place.
!the lowest bid this sale permits, R650000, is already above the R355184 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 14 nearby sales, sold 2023 to 2026; 1 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: VEZI DE BEER ATTORNEYS (012 361 5640). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision