PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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3 Bedroom Family Home with Outbuilding and Garage

425201 · Virginia · Merriespruit · 3 bed · freehold · auction 13 Aug 2026

+Pass, reserve ?Review, walk_away ?Review, market 13 days · in window
Gross yield
not computed
no rent held for Merriespruit
Over market
87.7%
value R 378 981.92, all-in above it

Firm, figures that exist

Bid price, reserve published on the listing R 434 000.00
Sheriff's commissionR 17 010.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 551.50
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 478 561.50

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 62 961.50
Balance by 3 Sep 2026 R 390 600.00
All-in, floor to ceiling R 478 561.50R 711 210.15
All-in per m² at the ceilingR 633.88

Registered against the title · 1

Bond, Absa Home Loans Guarantee Co Rf Pty Ltd B2782/2021 R 720 000.00

Nearby sales · 11 used of 11

Market value
R 378 981.92
R 337.77 per m², median
Last sold
R 720 000.00
2021/01/19

! This value implies -11.0% a year against its own 2021 sale of R 720 000.00, outside what the rest of the census shows. Treat it as unverified until someone has looked.

ErfPer m²PriceSize AwaySold
Erf 5438 R 171 R 177 280 1038 192 2024
Erf 5500 R 179 R 320 000 1790 119 2025
Erf 6622 R 210 R 445 000 2122 113 2024
Erf 6618 R 217 R 500 000 2304 138 2024
Erf 5502 R 299 R 320 000 1071 177 2024
Erf 5472 R 303 R 341 000 1124 220 2023
Erf 3788 R 318 R 341 000 1071 157 2023
Erf 5505 R 318 R 341 000 1071 208 2024
Erf 3728 R 326 R 349 000 1071 228 2025
Erf 5508 R 338 R 355 000 1051 208 2025
Erf 3950 R 590 R 700 000 1187 69 2025
Erf 3736 R 644 R 690 000 1071 204 2024
Erf 5491 R 761 R 855 000 1124 153 2024
Erf 5495 R 803 R 860 000 1071 104 2024
Erf 5495 R 915 R 980 000 1071 104 2025

11 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 191 626.36 and R 1 026 666.67. 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 · 7

Sale held byOF THE COURT
Case number158/2024
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 R65100 in its place.
!market value disagrees with this property's own last sale - this value implies -11.0% a year against its own 2021 sale, outside the -10% to +18% the rest of the census shows

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 11 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: VELILE TINTO & ASSOCIATES INC. ((012) 8073366). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision