3 Bedroom Family Home on Erf 18344 Worcester
423750 · Worcester · Worcester · 3 bed · 416 m² · freehold · auction 5 Aug 2026
Auction details
| Auction date | 5 Aug 2026 |
| Held by | Sheriff Worcester |
Value indicators
| Last sold price | R 1 500 000.00 |
| Sale date | 2020/07/06 |
Walk away above R 1 231 861.04 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 995 000.00 |
| Sheriff's commission | R 25 425.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 3 813.75 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 40 000.00 |
| Firm cost | R 1 064 238.75 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 90 000.00 |
| Remediation | R 0.00 – R 50 000.00 |
| Eviction | R 0.00 – R 45 000.00 |
| Holding cost | R 4 500.00 – R 13 500.00 |
| Provisioned range | R 4 500.00 – R 198 500.00 |
Cash
| On auction day | R 128 738.75 |
| Balance by 26 Aug 2026 | R 895 500.00 |
| All-in, floor to ceiling | R 1 064 238.75 – R 1 383 955.13 |
| All-in per m² at the ceiling | R 3 326.82 |
Registered against the title · 2
| Bond, Ltd B22125/2020 | R 1 500 000.00 |
| Interdict I-1133/2024AT | — |
Nearby sales · 12 used of 15
= Consistent with its own 2020 sale of R 1 500 000.00, at 0.3% a year over 6.1 years.
Selected sale Erf 18345 · R 3 650/m² · R 1 500 000 · 411m² · 14m away · sold 2025 · used by model
Used by model Context only
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 27555 | R 12 | R 7 200 | 615 | 461 | 2022 |
| Erf 27554 | R 400 | R 7 200 | 18 | 449 | 2022 |
| Erf 13687 | R 761 | R 500 000 | 657 | 305 | 2023 |
| Erf 21280 | R 1 220 | R 11 730 000 | 9611 | 376 | 2025 |
| Erf 21277 | R 1 313 | R 7 820 000 | 5957 | 446 | 2025 |
| Erf 13839 | R 2 399 | R 1 850 000 | 771 | 322 | 2025 |
| Erf 13777 | R 2 628 | R 1 700 000 | 647 | 250 | 2024 |
| Erf 13807 | R 2 636 | R 1 550 000 | 588 | 188 | 2025 |
| Erf 18345 | R 3 650 | R 1 500 000 | 411 | 14 | 2025 |
| Erf 13744 | R 3 679 | R 2 200 000 | 598 | 197 | 2024 |
| Erf 17190 | R 3 918 | R 1 630 000 | 416 | 14 | 2024 |
| Erf 16299 | R 4 232 | R 1 240 000 | 293 | 134 | 2024 |
| Erf 20038 | R 5 624 | R 2 750 000 | 489 | 475 | 2025 |
| Erf 16289 | R 5 667 | R 1 700 000 | 300 | 128 | 2026 |
| Erf 20031 | R 7 682 | R 2 750 000 | 358 | 502 | 2025 |
12 nearby sales, sold 2022 to 2026. The median runs across the rest, and the rates they span put this erf between R 4 870.24 and R 3 195 530.73. 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 · 8
| Case number | 6708/2023 |
| Evidence read | 2026-07-31 |
Flags · 4
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 12 nearby sales, sold 2022 to 2026, 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: STRYDOM BRITZ MOHULATSI INC. (0123651887). This is the practical route to an arrears figure before auction day.