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

425215 · 4 Bedroom House with Staff Quarters

Esikhawini H - 42 Umgwagwane Street

improved 4 bed 715 m² ? review confidence low bond 20042 bondsonly lot

The auction

When 6 Aug 2026 Thursday · 3 lead days
Held by Sheriff Mtunzini KwaZulu-Natal
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 67 182 balance R 423 000 by 27 Aug 2026
All-in cost R 515 182 to R 766 493 at full provisions
Discount to market -2.2% value R 750 000
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 470 000 – R 517 000
All-in ceiling R 766 493
Walk-away price R 500 786
Market value R 750 000

Firm cost at the bid floor · R 515 182

Bid price R 470 000
Sheriff's commission, incl VAT R 20 182
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 721
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 297 m

market value R 750 000 R 750 000 · 44 m · 2024 R 950 000 · 57 m · 2026 R 650 000 · 63 m · 2024 R 385 000 · 63 m · 2024 R 550 000 · 179 m · 2024 R 320 000 · 183 m · 2022 R 543 000 · 201 m · 2024 R 870 000 · 208 m · 2024 R 350 000 · 232 m · 2024 R 695 000 · 243 m · 2024 R 600 000 · 253 m · 2025 R 590 000 · 262 m · 2025 R 960 000 · 276 m · 2025 R 600 000 · 278 m · 2025 R 750 000 · 297 m · 2025 0 m 297 m

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

Houses in this suburb · average sale price by year

2019: R 500 000 across 66 sales 2020: R 550 000 across 52 sales 2021: R 550 000 across 64 sales 2022: R 495 000 across 74 sales 2023: R 500 000 across 72 sales 2024: R 550 000 across 58 sales 2025: R 550 000 across 57 sales R 500 000 R 550 000 2019 2025

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

Provenance

Oldest bond registered2004
The firm's live book7 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 R70500 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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