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

425220 · 4 Bedroom Family Home with Outbuilding

eMalahleni - 3 Pringle Street

improved 4 bed 1008 m² ? review confidence low bond 2006

The auction

When 5 Aug 2026 Wednesday · 2 lead days
Held by Sheriff Emalahleni Mpumalanga
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 138 288 balance R 585 000 by 26 Aug 2026
All-in cost R 713 288 to R 967 909 at full provisions
Discount to market 18.2% value R 1 182 951
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 650 000 – R 715 000
All-in ceiling R 967 909
Walk-away price R 926 395
Market value R 1 182 951

Firm cost at the bid floor · R 713 288

Bid price R 650 000
Sheriff's commission, incl VAT R 23 288
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 708
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 303 m

market value R 1 182 951 R 1 590 000 · 74 m · 2026 R 1 050 000 · 101 m · 2025 R 1 150 000 · 145 m · 2024 R 1 900 000 · 182 m · 2025 R 950 000 · 184 m · 2025 R 1 350 000 · 187 m · 2026 R 800 000 · 199 m · 2023 R 1 600 000 · 234 m · 2026 R 1 600 000 · 238 m · 2024 R 950 000 · 240 m · 2025 R 1 176 000 · 254 m · 2025 R 1 240 000 · 278 m · 2025 R 1 300 000 · 280 m · 2025 R 950 000 · 298 m · 2026 R 845 000 · 303 m · 2025 0 m 303 m

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

Houses in this suburb · average sale price by year

2019: R 790 000 across 30 sales 2020: R 800 000 across 27 sales 2021: R 852 500 across 42 sales 2022: R 865 000 across 38 sales 2023: R 900 000 across 29 sales 2024: R 900 000 across 37 sales 2025: R 950 000 across 49 sales R 790 000 R 950 000 2019 2025

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

Provenance

Case opened2024
Oldest bond registered2006

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 R97500 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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