Property report · census 3 Aug 2026
423618 · no description published
Springs - 26 - 11 Th Street
The auction
The money ladder · bid basis: reserve
| Bid band (reserve) | R 670 000 – R 737 000 |
| All-in ceiling | R 990 288 |
| Market value | R 652 500 |
Firm cost at the bid floor · R 733 632
| Bid price | R 670 000 |
| Sheriff's commission, incl VAT | R 23 632 |
| Transfer duty | R 0 |
| Conveyancing | R 40 000 |
| Firm cost per m² | R 1 482 |
Provisions, floor to ceiling · R 4 500 – R 188 500
Evaluation states
Registered transfers nearby · 15 within 259 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
| Case opened | 2025 |
| Oldest bond registered | 2024 |
| The firm's live book | 6 sales in this census |
Warnings · 4
- 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 R100500 in its place.
- market value disagrees with this property's own last sale - this value implies -24.5% a year against its own 2024 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. Assumptions version 3. Modelled from the census of 3 Aug 2026; nothing here is a valuation of a property nobody has inspected.