Property report · census 3 Aug 2026
423583 · no description published
The Reeds - 16 Florrie Street
The auction
The money ladder · bid basis: reserve
| Bid band (reserve) | R 975 419 – R 1 072 961 |
| All-in ceiling | R 1 352 044 |
| Walk-away price | R 1 342 301 |
| Market value | R 1 630 000 |
Firm cost at the bid floor · R 1 044 320
| Bid price | R 975 419 |
| Sheriff's commission, incl VAT | R 28 901 |
| Transfer duty | R 0 |
| Conveyancing | R 40 000 |
| Firm cost per m² | R 1 044 |
Provisions, floor to ceiling · R 4 500 – R 188 500
Evaluation states
Registered transfers nearby · 15 within 313 m
Each dot is a registered transfer: nearer is left, dearer is up.
Houses in this suburb · average sale price by year
Suburb context only — it corroborates a value and never produces one.
Provenance
| Oldest bond registered | 2022 |
| Reserve is rand-exact | R 975 419.00 |
| The firm's live book | 5 sales in this census |
Warnings · 3
- conveyancing_bands
- 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 R146313 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. Assumptions version 3. Modelled from the census of 3 Aug 2026; nothing here is a valuation of a property nobody has inspected.