PropertyLane Census 3 Aug 2026 Sign in
387 sales in execution 197 with a reserve 40 without one 8 provinces

Property report · census 3 Aug 2026

423586 · 4 Bedroom Family Home on Large Erf

Clayville - 53 Pearce Street

improved 4 bed 1190 m² ? review confidence low

The auction

When 6 Aug 2026 Thursday · 3 lead days
Held by Sheriff Kempton Park Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 180 142 balance R 1 126 859 by 27 Aug 2026
All-in cost R 1 347 001 to R 1 676 624 at full provisions
Discount to market 6.8% value R 1 799 822
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 1 252 066 – R 1 377 273
All-in ceiling R 1 676 624
Walk-away price R 1 494 912
Market value R 1 799 822

Firm cost at the bid floor · R 1 347 001

Bid price R 1 252 066
Sheriff's commission, incl VAT R 33 673
Transfer duty R 1 262
Conveyancing R 60 000
Firm cost per m² R 1 132
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 198 500

Municipal arrears aged R 90 000
Remediation R 50 000
Eviction R 45 000
Holding cost R 13 500

Evaluation states

reserve · pass size · pass walk away · pass ? market · review

Registered transfers nearby · 15 within 375 m

market value R 1 799 822 R 1 455 000 · 47 m · 2024 R 1 700 000 · 81 m · 2025 R 1 950 000 · 158 m · 2025 R 1 800 000 · 160 m · 2023 R 1 850 000 · 166 m · 2025 R 1 700 000 · 167 m · 2024 R 1 600 000 · 173 m · 2024 R 1 600 000 · 194 m · 2024 R 1 900 000 · 218 m · 2024 R 2 280 000 · 221 m · 2025 R 1 200 000 · 234 m · 2024 R 1 600 000 · 239 m · 2023 R 1 600 000 · 241 m · 2023 R 1 880 000 · 351 m · 2025 R 1 850 000 · 375 m · 2025 0 m 375 m

Each dot is a registered transfer: nearer is left, dearer is up.

Houses in this suburb · average sale price by year

2019: R 544 580 across 480 sales 2020: R 850 000 across 206 sales 2021: R 900 000 across 213 sales 2022: R 980 000 across 113 sales 2023: R 992 500 across 86 sales 2024: R 1 060 000 across 95 sales 2025: R 990 000 across 100 sales R 544 580 R 990 000 2019 2025

Suburb context only — it corroborates a value and never produces one.

Provenance

Case opened2023
Oldest bond registered2007
Reserve is rand-exactR 1 252 066.00
The firm's live book17 sales in this census

Warnings · 4

  • conveyancing_bands
  • commission scale not recited in the notice - configured fallback used
  • the municipal arrears ceiling is aged to the 2023-opened case: R90000 against the R80000 base, at R30000 a judgment-year capped at R240000 - unconfirmed model parameters, and still a provision, not a quote
  • VAT status is not recited, and notices do not state it: modelled as a transfer-duty sale at R1262. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R187810 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.

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