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

423587 · 4 Bedroom Family Home with Pool and Staff Quarters

Glenvista - 107 Thaba Basigo Avenue

improved 4 bed 992 m² excluded confidence low

The auction

When 4 Aug 2026 Tuesday · 1 lead day
Held by Sheriff Johannesburg East Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 327 786 balance R 2 070 000 by 25 Aug 2026
All-in cost R 2 457 786 to R 2 904 100 at full provisions
Discount to market -32.0% value R 2 199 457
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 2 300 000 – R 2 530 000
All-in ceiling R 2 904 100
Walk-away price R 1 870 593
Market value R 2 199 457

Firm cost at the bid floor · R 2 457 786

Bid price R 2 300 000
Sheriff's commission, incl VAT R 46 000
Transfer duty R 51 786
Conveyancing R 60 000
Firm cost per m² R 2 478
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 · fail ? market · review

Registered transfers nearby · 15 within 290 m

market value R 2 199 457 R 855 000 · 30 m · 2024 R 2 600 000 · 38 m · 2023 R 1 680 000 · 81 m · 2026 R 2 750 000 · 113 m · 2024 R 3 330 000 · 135 m · 2025 R 1 999 000 · 139 m · 2025 R 3 000 000 · 151 m · 2025 R 2 320 000 · 165 m · 2025 R 2 100 000 · 191 m · 2024 R 1 950 000 · 199 m · 2025 R 2 850 000 · 240 m · 2025 R 2 450 000 · 245 m · 2025 R 4 200 000 · 255 m · 2025 R 2 275 000 · 256 m · 2025 R 2 200 000 · 290 m · 2026 0 m 290 m

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

Houses in this suburb · average sale price by year

2019: R 2 050 000 across 85 sales 2020: R 2 200 000 across 110 sales 2021: R 2 300 000 across 135 sales 2022: R 2 375 000 across 112 sales 2023: R 2 287 500 across 80 sales 2024: R 2 350 000 across 76 sales 2025: R 2 350 000 across 97 sales R 2 050 000 R 2 350 000 2019 2025

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

Provenance

Case opened2023
Oldest bond registered2009
The firm's live book17 sales in this census

Warnings · 5

  • 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 R51786. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R345000 in its place.
  • the lowest bid this sale permits, R2300000, is already above the R1870593 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. 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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