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

423711 · 5 Bedroom Family Home with Carports and Outer Building

Universitas - 214 President Paul Kruger Avenue

improved 5 bed ? review confidence low judgment 2020

The auction

When 5 Aug 2026 Wednesday · 2 lead days
Held by Sheriff Bloemfontein West Free State
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 146 258 balance R 1 029 974 by 26 Aug 2026
All-in cost R 1 236 231 to R 1 642 612 at full provisions
Discount to market 30.1% value R 2 350 000
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 1 144 415 – R 1 258 856
All-in ceiling R 1 642 612
Walk-away price R 1 926 794
Market value R 2 350 000

Firm cost at the bid floor · R 1 236 231

Bid price R 1 144 415
Sheriff's commission, incl VAT R 31 816
Transfer duty R 0
Conveyancing R 60 000
Firm cost per m²
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 288 500

Municipal arrears aged R 180 000
Remediation R 50 000
Eviction R 45 000
Holding cost R 13 500

Evaluation states

reserve · pass ? size · review walk away · pass ? market · review

Registered transfers nearby · 15 within 301 m

market value R 2 350 000 R 1 590 000 · 83 m · 2025 R 2 250 000 · 121 m · 2026 R 2 250 000 · 121 m · 2026 R 2 000 000 · 121 m · 2025 R 1 620 000 · 139 m · 2025 R 2 900 000 · 188 m · 2024 R 2 450 000 · 191 m · 2024 R 2 450 000 · 191 m · 2024 R 3 000 000 · 205 m · 2025 R 2 585 000 · 235 m · 2024 R 3 100 000 · 248 m · 2026 R 4 000 000 · 258 m · 2025 R 575 000 · 293 m · 2025 R 530 000 · 293 m · 2025 R 2 350 000 · 301 m · 2026 0 m 301 m

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

Houses in this suburb · average sale price by year

2019: R 1 542 500 across 130 sales 2020: R 1 700 000 across 105 sales 2021: R 1 780 000 across 143 sales 2022: R 1 890 000 across 119 sales 2023: R 2 000 000 across 105 sales 2024: R 2 000 000 across 118 sales 2025: R 2 050 000 across 129 sales R 1 542 500 R 2 050 000 2019 2025

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

Provenance

Case opened2020
Oldest bond registered2019
Reserve is rand-exactR 1 144 415.00
The firm's live book5 sales in this census

Warnings · 4

  • conveyancing_bands
  • commission scale not recited in the notice - configured fallback used
  • the municipal arrears ceiling is aged to the 2020-opened case: R180000 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 R0. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R171662 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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