PropertyLane Census 3 Aug 2026 Sign in
387 sales in execution 197 with a reserve 40 without one 8 provinces

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3 Bedroom Family Home with Outbuilding and Garage

425201 · Virginia · Merriespruit · 3 bed · 1122 m² · freehold · auction 13 Aug 2026

SheriffHQ
+Pass, reserve ?Review, walk_away ?Review, market 10 days · in window

Auction details

Auction date 13 Aug 2026
Held bySheriff OF THE COURT

Value indicators

Last sold priceR 720 000.00
Sale date2021/01/19
Gross yield
not computed
no rent held for Merriespruit
Over market
87.7%
value R 378 981.92, all-in above it

Firm, figures that exist

Bid price, reserve published on the listing R 434 000.00
Sheriff's commissionR 17 010.00
Commission VAT rate unconfirmed, as at 2025-05-01 R 2 551.50
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 478 561.50

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 80 000.00
Remediation R 0.00R 50 000.00
Eviction R 0.00R 45 000.00
Holding cost R 4 500.00R 13 500.00
Provisioned range R 4 500.00R 188 500.00

Cash

On auction dayR 62 961.50
Balance by 3 Sep 2026 R 390 600.00
All-in, floor to ceiling R 478 561.50R 711 210.15
All-in per m² at the ceilingR 633.88

Registered against the title · 1

Bond, Absa Home Loans Guarantee Co Rf Pty Ltd B2782/2021 R 720 000.00

Nearby sales · 11 used of 15

Market value
R 378 981.92
R 337.77 per m², median

! This value implies -10.9% a year against its own 2021 sale of R 720 000.00, outside what the rest of the census shows. Treat it as unverified until someone has looked.

All 15 nearby sales exact records
ErfPer m²PriceSize AwaySold
Erf 5438 R 171 R 177 280 1038 192 2024
Erf 5500 R 179 R 320 000 1790 119 2025
Erf 6622 R 210 R 445 000 2122 113 2024
Erf 6618 R 217 R 500 000 2304 138 2024
Erf 5502 R 299 R 320 000 1071 177 2024
Erf 5472 R 303 R 341 000 1124 220 2023
Erf 3788 R 318 R 341 000 1071 157 2023
Erf 5505 R 318 R 341 000 1071 208 2024
Erf 3728 R 326 R 349 000 1071 228 2025
Erf 5508 R 338 R 355 000 1051 208 2025
Erf 3950 R 590 R 700 000 1187 69 2025
Erf 3736 R 644 R 690 000 1071 204 2024
Erf 5491 R 761 R 855 000 1124 153 2024
Erf 5495 R 803 R 860 000 1071 104 2024
Erf 5495 R 915 R 980 000 1071 104 2025

11 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 191 626.36 and R 1 026 666.67. Sizes are in m² and distances in metres. Evidence about the area, not a valuation of this property, which nobody has inspected.

Recited by the notice · 7

Case number158/2024
Evidence read 2026-07-31

Open-data screening · 5 of 7 sections reached

Context from public map and government GIS sources. It does not change the price verdict and is not a deed, valuation or geotechnical report.

Municipality Matjhabeng Lejweleputswa Free State
Census 2022 context municipality level, not this property 439,033 people 126,067 households 88.2% formal dwellings 61.4% piped water 95.0% electricity
Education within 3.0 km 4 mapped nearest: Lakeview Primary School, 1699 m straight-line 5.3 min / 2.4 km driving
Healthcare within 3.0 km 2 mapped nearest: Virginia Provincial, 1738 m straight-line 5.5 min / 2.6 km driving
Grocery within 3.0 km 3 mapped nearest: Quickshop, 521 m straight-line 1.9 min / 0.7 km driving
Transport within 3.0 km 1 mapped nearest: Unnamed transport, 2987 m straight-line 7.6 min / 3.8 km driving

Map data © OpenStreetMap contributors.

Coverage and sources
Coordinates held SheriffHQ detail map · 2026-07-31
Administrative parsed DPME Census 2022 · 2026-08-02
Cadastral not run
Amenities parsed OpenStreetMap Overpass · 2026-08-02
Routes parsed OSRM · 2026-08-02
Demographics parsed DPME Census 2022 · 2026-08-02
Hazards not run

Flags · 4

!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 R65100 in its place.
!market value disagrees with this property's own last sale - this value implies -10.9% a year against its own 2021 sale, outside the -10% to +18% the rest of the census shows

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.

Market value is derived from 11 nearby sales, sold 2024 to 2025, at the median of rate per square metre. It is evidence about the area, not a valuation of this property, which nobody has inspected.

Attorneys for the execution creditor: VELILE TINTO & ASSOCIATES INC. ((012) 8073366). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision

Hygiene

The property's own sale history value rejected
the derived value is disputed by what this property last sold for

Provenance

Case opened 2024
Arrears accumulate from about then, and the arrears provision's ceiling ages with the judgment.
Oldest bond registered 2021
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
Reserve is rand-exact R 434 000.00
A reserve that is not a round number reads as the creditor's outstanding balance printed as the reserve, where a round one reads as a valuation.
The firm's live book 19 sales in this census
The attorneys on record execute other live sales too. Panel volume, and a portfolio-clearance flag when the lots cluster in one area.