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

423655 · 3 Bedroom House with 3 Bathrooms on 495 sqm Erf

Malvern - 295 Persimmon Street

improved 3 bed 495 m² ? review confidence low 2 same hammer

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 130 380 balance R 908 100 by 25 Aug 2026
All-in cost R 1 098 480 to R 1 389 621 at full provisions
Discount to market -33.9% value R 1 037 500
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 1 009 000 – R 1 109 900
All-in ceiling R 1 389 621
Market value R 1 037 500

Firm cost at the bid floor · R 1 098 480

Bid price R 1 009 000
Sheriff's commission, incl VAT R 29 480
Transfer duty R 0
Conveyancing R 60 000
Firm cost per m² R 2 219
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 · review ? market · review

Registered transfers nearby · 15 within 258 m

market value R 1 037 500 R 650 000 · 0 m · 2024 R 1 395 000 · 0 m · 2024 R 800 000 · 16 m · 2026 R 2 000 000 · 105 m · 2025 R 256 000 · 110 m · 2025 R 1 200 000 · 111 m · 2024 R 1 655 000 · 112 m · 2025 R 750 000 · 112 m · 2025 R 1 350 000 · 115 m · 2024 R 500 000 · 128 m · 2026 R 1 000 000 · 148 m · 2025 R 1 075 000 · 207 m · 2025 R 700 000 · 223 m · 2025 R 500 000 · 232 m · 2024 R 1 350 000 · 258 m · 2025 0 m 258 m

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

Houses in this suburb · average sale price by year

2019: R 840 000 across 81 sales 2020: R 875 000 across 78 sales 2021: R 920 000 across 77 sales 2022: R 1 000 000 across 93 sales 2023: R 1 100 000 across 52 sales 2024: R 950 000 across 48 sales 2025: R 1 150 000 across 49 sales R 840 000 R 1 150 000 2019 2025

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

Provenance

Case opened2025
Oldest bond registered2024
Reserve is rand-exactR 1 009 000.00
The firm's live book19 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 R151350 in its place.
  • market value disagrees with this property's own last sale - this value implies -11.3% 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.

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