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

425147 · 3 Bedroom House with 2 Flatlets

Malvern - 305 Persimmon Street

improved 3 bed 495 m² ? review confidence low judgment 20212 same hammer

The auction

When 4 Aug 2026 Tuesday · 1 lead day
Held by Sheriff Johannesburg East Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 126 562 balance R 495 000 by 25 Aug 2026
All-in cost R 611 562 to R 926 011 at full provisions
Discount to market 2.5% value R 950 000
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 550 000 – R 605 000
All-in ceiling R 926 011
Walk-away price R 628 582
Market value R 950 000

Firm cost at the bid floor · R 611 562

Bid price R 550 000
Sheriff's commission, incl VAT R 21 562
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 1 235
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

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

Municipal arrears aged R 150 000
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 200 m

market value R 950 000 R 600 000 · 74 m · 2023 R 750 000 · 79 m · 2026 R 600 000 · 84 m · 2023 R 900 000 · 85 m · 2025 R 741 000 · 129 m · 2024 R 610 000 · 145 m · 2024 R 376 000 · 155 m · 2024 R 1 300 000 · 174 m · 2025 R 950 000 · 176 m · 2025 R 350 000 · 179 m · 2025 R 300 000 · 179 m · 2024 R 530 000 · 180 m · 2026 R 187 000 · 187 m · 2005 R 1 250 000 · 200 m · 2024 R 760 000 · 200 m · 2024 0 m 200 m

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

Houses in this suburb · average sale price by year

2019: R 840 000 across 81 sales 2020: R 875 000 across 78 sales 2021: R 920 000 across 77 sales 2022: R 1 000 000 across 93 sales 2023: R 1 100 000 across 52 sales 2024: R 950 000 across 48 sales 2025: R 1 150 000 across 49 sales R 840 000 R 1 150 000 2019 2025

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

Provenance

Case opened2021
The firm's live book17 sales in this census

Warnings · 4

  • conveyancing_bands
  • commission scale not recited in the notice - configured fallback used
  • the municipal arrears ceiling is aged to the 2021-opened case: R150000 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 R82500 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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