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

425097 · 3 Bedroom Sectional Title Apartment with Parking

Northwold, Unit 57 Apple Tree Lane - Unit 57 Apple Tree Lane

improved 3 bed 98 m² sectional / HOA excluded confidence low

The auction

When 12 Aug 2026 Wednesday · 9 lead days
Held by Sheriff Randburg South West Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 148 019 balance R 659 700 by 2 Sep 2026
All-in cost R 797 719 to R 1 130 784 at full provisions
Discount to market -11.2% value R 1 016 750
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 733 000 – R 806 300
All-in ceiling R 1 130 784
Walk-away price R 694 200
Market value R 1 016 750

Firm cost at the bid floor · R 797 719

Bid price R 733 000
Sheriff's commission, incl VAT R 24 719
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 8 140
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 258 500

Municipal arrears aged R 90 000
Remediation R 50 000
Levy arrears R 60 000
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 157 m

market value R 1 016 750 R 715 000 · 0 m · 2026 R 770 000 · 0 m · 2025 R 840 000 · 0 m · 2025 R 670 000 · 0 m · 2025 R 800 000 · 0 m · 2025 R 920 000 · 0 m · 2025 R 830 000 · 0 m · 2025 R 850 000 · 109 m · 2026 R 720 000 · 109 m · 2026 R 800 000 · 109 m · 2026 R 950 000 · 109 m · 2026 R 1 200 000 · 109 m · 2025 R 865 000 · 109 m · 2025 R 830 000 · 157 m · 2026 R 870 000 · 157 m · 2025 0 m 157 m

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

Apartments in this suburb · average sale price by year

2019: R 792 500 across 114 sales 2020: R 825 000 across 147 sales 2021: R 767 500 across 180 sales 2022: R 805 000 across 166 sales 2023: R 820 000 across 109 sales 2024: R 850 000 across 106 sales 2025: R 800 000 across 113 sales R 792 500 R 800 000 2019 2025

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

Provenance

Case opened2023
Oldest bond registered2022
Reserve is rand-exactR 733 000.00
The firm's live book17 sales in this census

Warnings · 5

  • 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 R109950 in its place.
  • the lowest bid this sale permits, R733000, is already above the R694200 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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