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

423714 · no description published

Bloemfontein, Unit 28 Naval View

unclassified 83 m² ? review confidence low

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 25 741 balance R 146 732 by 26 Aug 2026
All-in cost R 197 473 to R 543 452 at full provisions
Discount to market 0.0% value R 543 452
Gross yield market reference 10.9%

The money ladder · bid basis: anchored

Bid band (anchored) R 163 036 – R 314 422
All-in ceiling R 543 452
Walk-away price R 314 422
Market value R 543 452

Firm cost at the bid floor · R 197 473

Bid price R 163 036
Sheriff's commission, incl VAT R 9 437
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 2 379
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 · no reserve size · pass walk away · pass ? market · review

Registered transfers nearby · 15 within 225 m

market value R 543 452 R 530 000 · 0 m · 2025 R 650 000 · 0 m · 2025 R 460 000 · 0 m · 2025 R 510 000 · 0 m · 2025 R 630 000 · 0 m · 2025 R 399 000 · 0 m · 2025 R 550 000 · 0 m · 2025 R 550 000 · 0 m · 2025 R 480 000 · 0 m · 2024 R 998 000 · 93 m · 2024 R 2 960 000 · 197 m · 2025 R 5 520 000 · 201 m · 2024 R 5 520 000 · 206 m · 2024 R 210 000 · 219 m · 2025 R 10 200 000 · 225 m · 2025 0 m 225 m

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

Houses in this suburb · average sale price by year

2019: R 6 700 000 across 24 sales 2020: R 6 100 000 across 17 sales 2021: R 11 500 000 across 43 sales 2022: R 5 500 000 across 33 sales 2023: R 4 600 000 across 22 sales 2024: R 4 100 000 across 26 sales 2025: R 5 520 000 across 18 sales R 6 700 000 R 5 520 000 2019 2025

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

Provenance

Case opened2024

Warnings · 3

  • 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 R24455 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.

Full detail page Sign in to email this report