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

425118 · 4 Bedroom Family Home with Outbuildings

Sunward Park - 57 Nicholson Road

improved 4 bed 861 m² ? review confidence low

The auction

When 14 Aug 2026 Friday · 11 lead days
Held by Sheriff Boksburg Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 295 786 balance R 1 890 000 by 4 Sep 2026
All-in cost R 2 245 786 to R 2 656 886 at full provisions
Discount to market -1.8% value R 2 609 091
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 2 100 000 – R 2 310 000
All-in ceiling R 2 656 886
Walk-away price R 2 264 910
Market value R 2 609 091

Firm cost at the bid floor · R 2 245 786

Bid price R 2 100 000
Sheriff's commission, incl VAT R 46 000
Transfer duty R 39 786
Conveyancing R 60 000
Firm cost per m² R 2 608
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 · pass ? market · review

Registered transfers nearby · 15 within 332 m

market value R 2 609 091 R 1 750 000 · 136 m · 2025 R 3 200 000 · 181 m · 2025 R 3 300 000 · 226 m · 2024 R 3 900 000 · 234 m · 2025 R 6 500 000 · 245 m · 2025 R 2 800 000 · 253 m · 2024 R 2 400 000 · 254 m · 2026 R 3 200 000 · 284 m · 2025 R 2 250 000 · 286 m · 2026 R 2 080 000 · 286 m · 2026 R 2 800 000 · 296 m · 2024 R 4 600 000 · 304 m · 2025 R 1 800 000 · 305 m · 2025 R 2 100 000 · 332 m · 2026 R 2 200 000 · 332 m · 2025 0 m 332 m

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

Houses in this suburb · average sale price by year

2019: R 1 800 000 across 135 sales 2020: R 1 700 000 across 129 sales 2021: R 1 950 000 across 170 sales 2022: R 2 050 000 across 155 sales 2023: R 2 170 000 across 107 sales 2024: R 2 100 000 across 95 sales 2025: R 2 100 000 across 131 sales R 1 800 000 R 2 100 000 2019 2025

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

Provenance

Oldest bond registered2015
The firm's live book11 sales in this census

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 R39786. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R315000 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.

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