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

425133 · 4 Bedroom House with Staff Quarters and Garage

Maraisburg - 12 8th Avenue

improved 4 bed 496 m² excluded confidence low judgment 2018

The auction

When 14 Aug 2026 Friday · 11 lead days
Held by Sheriff Roodepoort North Gauteng
Where ROODEPOORT NORTH: 182 PROGRESS ROAD, LINDHAVEN as the notice recites it
Cash on auction day R 44 950 balance R 270 000 by 4 Sep 2026
All-in cost R 339 950 to R 719 658 at full provisions
Discount to market -33.1% value R 540 545
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 300 000 – R 330 000
All-in ceiling R 719 658
Walk-away price R 157 818
Market value R 540 545

Firm cost at the bid floor · R 339 950

Bid price R 300 000
Sheriff's commission, incl VAT R 14 950
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 685
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 348 500

Municipal arrears aged R 240 000
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 404 m

market value R 540 545 R 632 500 · 38 m · 2024 R 1 950 000 · 49 m · 2023 R 1 080 000 · 71 m · 2025 R 1 150 000 · 119 m · 2026 R 670 000 · 160 m · 2022 R 950 000 · 211 m · 2026 R 250 000 · 275 m · 2024 R 700 000 · 298 m · 2021 R 800 000 · 312 m · 2024 R 900 000 · 316 m · 2024 R 600 000 · 324 m · 2026 R 980 000 · 333 m · 2025 R 800 000 · 344 m · 2024 R 970 000 · 385 m · 2025 R 1 280 000 · 404 m · 2026 0 m 404 m

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

Houses in this suburb · average sale price by year

2019: R 860 000 across 25 sales 2020: R 915 000 across 17 sales 2021: R 950 000 across 24 sales 2022: R 1 150 000 across 29 sales 2023: R 950 000 across 22 sales 2024: R 800 000 across 15 sales 2025: R 980 000 across 19 sales R 860 000 R 980 000 2019 2025

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

Around the property · City of Johannesburg, Gauteng

4 803 262people in the municipality
1 841 917households
89.82%formal dwellings
Education (16) 665 m · 1.5 min
Grocery (19) 952 m · 3.9 min
Healthcare (7) 2104 m · 4.0 min
Transport (6) 155 m · 0.3 min

Nearest of each kind within 3000 m; drive times where routed. Screening context, never a verdict input.

Provenance

Case opened2018
Oldest bond registered2017
The firm's live book19 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 2018-opened case: R240000 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 R45000 in its place.
  • the lowest bid this sale permits, R300000, is already above the R157818 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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