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

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2 Bedroom Face Brick Home

423713 · Bloemfontein West · Heidedal Ext 20 · 2 bed · 291 m² · freehold · auction 5 Aug 2026

SheriffHQ
No reserve +Pass, walk_away ?Review, market 2 days

Auction details

Auction date 5 Aug 2026
Auction venue6A THIRD STREET, ARBORETUM
Held bySheriff Bloemfontein West

Value indicators

Last sold priceR 340 000.00
Sale date2008/06/14
Gross yield
not computed
no rent held for Heidedal Ext 20
Under market
0.0%
value R 764 948.68

Walk away above R 505 651.19 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, opening, anchored to market value R 229 484.60
Sheriff's commissionR 10 531.96
Commission VAT rate unconfirmed, as at 2025-05-01 R 1 579.79
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 266 596.35

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 90 000.00
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 198 500.00

Cash

On auction dayR 80 060.21
Balance by 26 Aug 2026 R 206 536.14
All-in, floor to ceiling R 266 596.35R 764 948.68
All-in per m² at the ceilingR 2 628.69

Registered against the title · 2

Bond, Nedbank Ltd B11181/2008 R 342 303.00
Interdict I-556/2025AT
!1 interdict 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 · 14 used of 15

Market value
R 764 948.68
R 2 628.69 per m², median

= Consistent with its own 2008 sale of R 340 000.00, at 4.6% a year over 18.1 years.

All 15 nearby sales exact records
ErfPer m²PriceSize AwaySold
Erf 15986 R 1 453 R 500 000 344 195 2025
Erf 9752 R 1 484 R 420 000 283 148 2025
Erf 9873 R 1 718 R 500 000 291 36 2022
Erf 15944 R 1 940 R 650 000 335 235 2025
Erf 9814 R 2 062 R 600 000 291 130 2024
Erf 9905 R 2 337 R 680 000 291 44 2025
Erf 9851 R 2 612 R 760 000 291 76 2024
Erf 10647 R 2 646 R 799 000 302 227 2025
Erf 9791 R 2 667 R 760 000 285 217 2025
Erf 10633 R 2 963 R 880 000 297 152 2025
Erf 9844 R 3 093 R 900 000 291 135 2025
Erf 9900 R 3 231 R 950 000 294 104 2025
Erf 16005 R 3 387 R 1 050 000 310 249 2025
Erf 9819 R 4 467 R 1 300 000 291 113 2025
Erf 9938 out R 5 670 R 1 599 000 282 155 2024

14 nearby sales, sold 2022 to 2025; 1 excluded as outliers. The 1 marked out sit beyond three median absolute deviations of the rate: improved property filed against a vacant erf, or a transfer not at arm's length. They are struck through rather than dropped, so the exclusion can be argued with. The median runs across the rest, and the rates they span put this erf between R 422 965.12 and R 1 300 000.00. 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 · 9

Registration to bid, refundable R 45 000.00
Case number1868/2023
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 2023-opened case: R90000 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 R34423 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 14 nearby sales, sold 2022 to 2025; 1 excluded as outliers, at the median of rate per square metre. It is evidence about the area, not a valuation of this property, which nobody has inspected.

Attorneys for the execution creditor: HILL ((051) 447-2171). 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 2023
Arrears accumulate from about then, and the arrears provision's ceiling ages with the judgment.
Oldest bond registered 2008
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
The firm's live book 4 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.