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

423621 · 2 Bedroom House with Outside Room

Stretford Ext 1 - Erf 4203

improved 2 bed 150 m² excluded confidence low

The auction

When 6 Aug 2026 Thursday · 3 lead days
Held by Sheriff Vereeniging Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 46 493 balance R 279 900 by 27 Aug 2026
All-in cost R 351 393 to R 572 245 at full provisions
Discount to market -53.7% value R 372 263
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 311 000 – R 342 100
All-in ceiling R 572 245
Walk-away price R 149 856
Market value R 372 263

Firm cost at the bid floor · R 351 393

Bid price R 311 000
Sheriff's commission, incl VAT R 15 393
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 2 343
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 · fail ? market · review

Registered transfers nearby · 15 within 206 m

market value R 372 263 R 500 000 · 15 m · 2025 R 600 000 · 58 m · 2025 R 430 000 · 59 m · 2024 R 600 000 · 73 m · 2024 R 290 000 · 150 m · 2025 R 590 000 · 150 m · 2025 R 680 000 · 171 m · 2025 R 307 280 · 171 m · 2025 R 340 000 · 183 m · 2025 R 490 000 · 192 m · 2025 R 311 363 · 202 m · 2024 R 700 000 · 202 m · 2026 R 158 677 · 206 m · 2022 R 200 000 · 206 m · 2025 R 680 000 · 206 m · 2025 0 m 206 m

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

Houses in this suburb · average sale price by year

2019: R 160 000 across 94 sales 2020: R 160 000 across 174 sales 2021: R 160 000 across 85 sales 2022: R 340 000 across 57 sales 2023: R 390 000 across 45 sales 2024: R 420 000 across 45 sales 2025: R 360 000 across 35 sales R 160 000 R 360 000 2019 2025

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

Provenance

Case opened2025
Oldest bond registered2020
Reserve is rand-exactR 311 000.00
The firm's live book17 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 R46650 in its place.
  • the lowest bid this sale permits, R311000, is already above the R149856 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.

Full detail page Sign in to email this report