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

425182 · 3 Bedroom Family Home with Pool and Lapa

Bayswater - 12 Champagne Street

improved 3 bed 1243 m² ? review confidence low

The auction

When 5 Aug 2026 Wednesday · 2 lead days
Held by Sheriff Bloemfontein East Free State
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 129 325 balance R 900 000 by 26 Aug 2026
All-in cost R 1 069 325 to R 1 379 550 at full provisions
Discount to market 16.7% value R 1 656 709
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 1 000 000 – R 1 100 000
All-in ceiling R 1 379 550
Walk-away price R 1 367 806
Market value R 1 656 709

Firm cost at the bid floor · R 1 069 325

Bid price R 1 000 000
Sheriff's commission, incl VAT R 29 325
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 860
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 277 m

market value R 1 656 709 R 1 150 000 · 27 m · 2024 R 1 830 000 · 79 m · 2026 R 1 570 000 · 91 m · 2026 R 750 000 · 106 m · 2024 R 2 100 000 · 109 m · 2024 R 1 790 000 · 111 m · 2024 R 1 280 000 · 112 m · 2024 R 1 770 000 · 121 m · 2024 R 1 850 000 · 151 m · 2025 R 1 050 000 · 151 m · 2024 R 1 350 000 · 160 m · 2026 R 1 900 000 · 179 m · 2025 R 1 650 000 · 202 m · 2025 R 1 800 000 · 233 m · 2024 R 1 395 000 · 277 m · 2025 0 m 277 m

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

Houses in this suburb · average sale price by year

2019: R 1 350 000 across 49 sales 2020: R 1 595 000 across 71 sales 2021: R 1 700 000 across 73 sales 2022: R 1 745 000 across 44 sales 2023: R 1 772 500 across 38 sales 2024: R 1 695 000 across 52 sales 2025: R 1 698 000 across 46 sales R 1 350 000 R 1 698 000 2019 2025

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

Provenance

Oldest bond registered2021
The firm's live book4 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 R0. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R150000 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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