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

425195 · 3 Bedroom House with Garage

KuGompo City - 71 Makatala Highway

improved 3 bed 300 m² ? review confidence low only lot

The auction

When 14 Aug 2026 Friday · 11 lead days
Held by Sheriff East London Eastern Cape
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 73 905 balance R 474 602 by 4 Sep 2026
All-in cost R 588 508 to R 830 651 at full provisions
Discount to market 1.2% value R 840 391
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 527 336 – R 580 070
All-in ceiling R 830 651
Walk-away price R 589 645
Market value R 840 391

Firm cost at the bid floor · R 588 508

Bid price R 527 336
Sheriff's commission, incl VAT R 21 172
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 1 962
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 405 m

market value R 840 391 R 820 000 · 75 m · 2026 R 760 000 · 75 m · 2025 R 375 000 · 130 m · 2024 R 730 000 · 139 m · 2023 R 800 000 · 162 m · 2023 R 780 000 · 191 m · 2025 R 930 000 · 201 m · 2024 R 650 000 · 259 m · 2023 R 940 000 · 276 m · 2025 R 720 000 · 291 m · 2026 R 860 000 · 318 m · 2025 R 590 000 · 380 m · 2025 R 870 000 · 383 m · 2024 R 400 000 · 389 m · 2025 R 1 000 000 · 405 m · 2026 0 m 405 m

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

Houses in this suburb · average sale price by year

2019: R 685 000 across 8 sales 2020: R 650 000 across 5 sales 2021: R 720 000 across 8 sales 2022: R 672 500 across 10 sales 2023: R 795 000 across 12 sales 2024: R 800 000 across 7 sales 2025: R 737 500 across 6 sales R 685 000 R 737 500 2019 2025

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

Provenance

Oldest bond registered2010
Reserve is rand-exactR 527 336.00

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 R79100 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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