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

423748 · 2 Bedroom House with Separate Kitchen and Lounge

Crossroads - 5 Khetshe Close

improved 2 bed 84 m² excluded confidence low 14d balance

The auction

When 3 Aug 2026 Monday · 0 lead days
Held by Sheriff Mitchells Plain North Western Cape
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 45 013 balance R 174 150 by 17 Aug 2026
All-in cost R 229 163 to R 437 792 at full provisions
Discount to market -242.8% value R 127 714
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 193 500 – R 212 850
All-in ceiling R 437 792
Walk-away price R 0
Market value R 127 714

Firm cost at the bid floor · R 229 163

Bid price R 193 500
Sheriff's commission, incl VAT R 10 663
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 2 728
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 · fail ? market · review

Registered transfers nearby · 15 within 238 m

market value R 127 714 R 230 000 · 15 m · 2025 R 145 000 · 54 m · 2025 R 150 000 · 55 m · 2023 R 145 000 · 144 m · 2026 R 149 000 · 144 m · 2025 R 168 852 · 165 m · 2019 R 170 000 · 165 m · 2024 R 18 852 · 175 m · 2024 R 280 000 · 200 m · 2025 R 15 920 · 202 m · 2021 R 248 500 · 218 m · 2025 R 18 825 · 222 m · 2024 R 15 920 · 227 m · 2021 R 248 000 · 231 m · 2025 R 19 681 · 238 m · 2025 0 m 238 m

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

Houses in this suburb · average sale price by year

2019: R 60 950 across 61 sales 2020: R 140 000 across 24 sales 2021: R 168 852 across 46 sales 2022: R 190 000 across 57 sales 2023: R 164 426 across 34 sales 2024: R 170 000 across 44 sales 2025: R 170 000 across 42 sales R 60 950 R 170 000 2019 2025

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

Provenance

Oldest bond registered2014
Reserve is rand-exactR 193 500.00
The firm's live book2 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 R29025 in its place.
  • the lowest bid this sale permits, R193500, is already above the R0 walk-away price - no bid in the band recovers its own cost against modelled value, so this cannot alert whatever the rent turns out to be

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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