PropertyLane Census 3 Aug 2026 Sign in
387 sales in execution 197 with a reserve 40 without one 8 provinces

← Source listings Property report →

5 Bedroom Family Home with Carports and Outer Building

423711 · Bloemfontein West · Universitas · 5 bed · freehold · auction 5 Aug 2026

SheriffHQ
+Pass, reserve ?Review, size +Pass, walk_away ?Review, market 2 days

Auction details

Auction date 5 Aug 2026
Held bySheriff of the High Court Bloemfontein West at 6(A) Third Street

Value indicators

Last sold priceR 1 550 000.00
Sale date2019/01/09
Gross yield
not computed
no rent held for Universitas
Under market
30.1%
value R 2 350 000.00

Walk away above R 1 926 794.15 Bid more than this and the all-in cost, provisions at full, passes what the property is worth. It is a ceiling on the bid, not a forecast of it, and it moves with the provisions.

Firm, figures that exist

Bid price, reserve published on the listing R 1 144 415.00
Sheriff's commissionR 27 666.23
Commission VAT rate unconfirmed, as at 2025-05-01 R 4 149.93
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 1 236 231.16

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 180 000.00
Remediation R 0.00R 50 000.00
Eviction R 0.00R 45 000.00
Holding cost R 4 500.00R 13 500.00
Provisioned range R 4 500.00R 288 500.00

Cash

On auction dayR 146 257.66
Balance by 26 Aug 2026 R 1 029 973.50
All-in, floor to ceiling R 1 236 231.16R 1 642 612.48

Registered against the title · 3

Bond, Ltd B2089/2019 R 1 550 000.00
Interdict I-3204/2023AT
Interdict I-2841/2021AT
!2 interdicts registered. An interdict restrains dealing with the property and is not extinguished by the sale in the way a bond is. This is a question for the conveyancer before bidding, not after.

Nearby sales · 15 used of 15

Market value
R 2 350 000.00
median sale price

= Consistent with its own 2019 sale of R 1 550 000.00, at 5.7% a year over 7.6 years.

Start bottom-left Nearby sales below the model rate are the conservative benchmark.
Crosshairs: R 9 050/m² sales median · 191m median distance

Selected sale Erf 8480 · R 1 397/m² · R 1 590 000 · 1138m² · 83m away · sold 2025 · used by model

Used by model

All 15 nearby sales exact records
ErfPer m²PriceSize AwaySold
Erf 12790 R 1 107 R 2 350 000 2122 301 2026
Erf 12831 R 1 273 R 2 585 000 2031 235 2024
Erf 8480 R 1 397 R 1 590 000 1138 83 2025
Erf 12803 R 1 505 R 4 000 000 2657 258 2025
Erf 12801 R 1 540 R 3 000 000 1948 205 2025
Erf 8523 R 1 620 R 3 100 000 1913 248 2026
Erf 8517 R 1 735 R 2 900 000 1671 188 2024
Unit 3 Jjoi 11 Scholtz Street R 9 050 R 1 620 000 179 139 2025
Unit 1 Stofbergstraat 18 18 Stofberg Street R 10 338 R 2 450 000 237 191 2024
Unit 3 Hawieria 15A Scholtz Street R 11 494 R 2 000 000 174 121 2025
Unit 20 Juantre 3 Df Malherbe Avenue R 16 061 R 530 000 33 293 2025
Unit 19 Juantre 3 Df Malherbe Avenue R 17 424 R 575 000 33 293 2025
Unit 1 Hawieria 15A Scholtz Street R 19 737 R 2 250 000 114 121 2026
Unit 2 Hawieria 15A Scholtz Street R 41 667 R 2 250 000 54 121 2026
Unit 2 Stofbergstraat 18 18 Stofberg Street R 222 727 R 2 450 000 11 191 2024

15 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 530 000.00 and R 4 000 000.00. Sizes are in m² and distances in metres. Evidence about the area, not a valuation of this property, which nobody has inspected.

Recited by the notice · 6

Case number4161/2020
Evidence read 2026-07-31

Flags · 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.

Market value is derived from 15 nearby sales, sold 2024 to 2026, at the median of sale price. It is evidence about the area, not a valuation of this property, which nobody has inspected.

Attorneys for the execution creditor: LGR Incorporated (012 817-4843). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision

Provenance

Case opened 2020
Arrears accumulate from about then, and the arrears provision's ceiling ages with the judgment.
Oldest bond registered 2019
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
Reserve is rand-exact R 1 144 415.00
A reserve that is not a round number reads as the creditor's outstanding balance printed as the reserve, where a round one reads as a valuation.
The firm's live book 5 sales in this census
The attorneys on record execute other live sales too. Panel volume, and a portfolio-clearance flag when the lots cluster in one area.