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

423605 · 4 Bedroom House with Outbuilding

Turffontein - 21 Church Street

improved 4 bed 495 m² ? review confidence low

The auction

When 4 Aug 2026 Tuesday · 1 lead day
Held by Sheriff Johannesburg South Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 94 950 balance R 270 000 by 25 Aug 2026
All-in cost R 339 950 to R 559 658 at full provisions
Discount to market 54.7% value R 1 236 536
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 300 000 – R 330 000
All-in ceiling R 559 658
Walk-away price R 979 072
Market value R 1 236 536

Firm cost at the bid floor · R 339 950

Bid price R 300 000
Sheriff's commission, incl VAT R 14 950
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 687
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 188 500

Municipal arrears R 80 000
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 281 m

market value R 1 236 536 R 1 450 000 · 107 m · 2024 R 650 000 · 127 m · 2025 R 700 000 · 127 m · 2025 R 550 000 · 137 m · 2025 R 1 480 000 · 148 m · 2025 R 1 200 000 · 148 m · 2024 R 1 550 000 · 178 m · 2024 R 1 700 000 · 201 m · 2025 R 450 000 · 213 m · 2025 R 450 000 · 213 m · 2024 R 910 000 · 232 m · 2024 R 1 400 000 · 248 m · 2025 R 550 000 · 255 m · 2025 R 880 000 · 275 m · 2025 R 500 000 · 281 m · 2025 0 m 281 m

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

Houses in this suburb · average sale price by year

2019: R 850 000 across 90 sales 2020: R 850 000 across 68 sales 2021: R 1 000 000 across 91 sales 2022: R 1 200 000 across 83 sales 2023: R 900 000 across 77 sales 2024: R 1 190 000 across 65 sales 2025: R 1 100 000 across 64 sales R 850 000 R 1 100 000 2019 2025

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

Provenance

Case opened2024
Oldest bond registered2020
The firm's live book12 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 R45000 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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