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

425194 · 1 Bedroom House with Lounge and Kitchen

Zwide 2 - 127 General Dundas

improved 1 bed 312 m² excluded confidence low judgment 20211% depositonly lot

The auction

When 7 Aug 2026 Friday · 4 lead days
Held by Sheriff Port Elizabeth North Eastern Cape
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 11 920 balance R 178 200 by 28 Aug 2026
All-in cost R 215 120 to R 492 344 at full provisions
Discount to market -27.7% value R 385 618
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 180 000 – R 198 000
All-in ceiling R 492 344
Walk-away price R 95 527
Market value R 385 618

Firm cost at the bid floor · R 215 120

Bid price R 180 000
Sheriff's commission, incl VAT R 10 120
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 689
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 · fail ? market · review

Registered transfers nearby · 15 within 417 m

market value R 385 618 R 200 000 · 28 m · 2024 R 410 000 · 28 m · 2024 R 640 000 · 66 m · 2025 R 330 000 · 80 m · 2023 R 380 000 · 125 m · 2025 R 120 000 · 182 m · 2023 R 430 000 · 288 m · 2025 R 580 000 · 305 m · 2023 R 400 000 · 370 m · 2023 R 51 000 · 384 m · 2007 R 220 000 · 394 m · 2025 R 400 000 · 395 m · 2025 R 260 000 · 406 m · 2024 R 270 000 · 407 m · 2025 R 535 000 · 417 m · 2024 0 m 417 m

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

Houses in this suburb · average sale price by year

2019: R 23 250 across 2 sales 2020: R 0 2021: R 460 000 across 3 sales 2022: R 385 000 across 4 sales 2023: R 190 000 across 5 sales 2024: R 305 000 across 2 sales 2025: R 325 000 across 2 sales R 23 250 R 325 000 2019 2025

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

Provenance

Case opened2021
Oldest bond registered2015
The firm's live book7 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 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 R27000 in its place.
  • the lowest bid this sale permits, R180000, is already above the R95527 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.

Full detail page Sign in to email this report