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

425213 · 3 Bedroom Freestanding Home with Outbuilding and Pool

Durban North - 32 Ryde Place

improved 3 bed 744 m² ? review confidence low judgment 20202 same hammer

The auction

When 6 Aug 2026 Thursday · 3 lead days
Held by Sheriff Durban North KwaZulu-Natal
Where SHERIFF DURBAN NORTH, UNIT 1/2ELATION HOUSE as the notice recites it
Cash on auction day R 87 717 balance R 465 482 by 27 Aug 2026
All-in cost R 578 199 to R 1 724 009 at full provisions
Discount to market 0.0% value R 1 724 009
Gross yield market reference 10.9%

The money ladder · bid basis: anchored

Bid band (anchored) R 517 203 – R 1 336 580
All-in ceiling R 1 724 009
Walk-away price R 1 336 580
Market value R 1 724 009

Firm cost at the bid floor · R 578 199

Bid price R 517 203
Sheriff's commission, incl VAT R 20 997
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 777
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 288 500

Municipal arrears aged R 180 000
Remediation R 50 000
Eviction R 45 000
Holding cost R 13 500

Evaluation states

reserve · no reserve size · pass walk away · pass ? market · review

Registered transfers nearby · 15 within 218 m

market value R 1 724 009 R 1 700 000 · 30 m · 2025 R 1 700 000 · 48 m · 2024 R 1 900 000 · 73 m · 2025 R 2 275 000 · 92 m · 2025 R 1 900 000 · 102 m · 2026 R 1 200 000 · 108 m · 2025 R 2 250 000 · 116 m · 2025 R 2 380 000 · 123 m · 2024 R 1 600 000 · 138 m · 2025 R 1 500 000 · 148 m · 2025 R 2 200 000 · 179 m · 2025 R 2 900 000 · 197 m · 2026 R 2 500 000 · 201 m · 2025 R 1 650 000 · 212 m · 2025 R 4 500 000 · 218 m · 2025 0 m 218 m

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

Houses in this suburb · average sale price by year

2019: R 3 350 000 across 109 sales 2020: R 3 500 000 across 117 sales 2021: R 3 650 000 across 157 sales 2022: R 3 715 000 across 150 sales 2023: R 3 725 000 across 108 sales 2024: R 3 600 000 across 129 sales 2025: R 3 800 000 across 139 sales R 3 350 000 R 3 800 000 2019 2025

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

Provenance

Case opened2020
Oldest bond registered2019
The firm's live book7 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 2020-opened case: R180000 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 R77580 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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