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

425225 · 3 Bedroom Family Home on Erf 2081

Weltevreden Valley - 41 Piccadilly Crescent

improved 3 bed 376 m² ? review confidence low

The auction

When 3 Aug 2026 Monday · 0 lead days
Held by Sheriff Mitchells Plain North Western Cape
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 144 325 balance R 900 000 by 24 Aug 2026
All-in cost R 1 069 325 to R 1 379 550 at full provisions
Discount to market 19.8% value R 1 719 355
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 1 000 000 – R 1 100 000
All-in ceiling R 1 379 550
Walk-away price R 1 427 625
Market value R 1 719 355

Firm cost at the bid floor · R 1 069 325

Bid price R 1 000 000
Sheriff's commission, incl VAT R 29 325
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 2 844
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 283 m

market value R 1 719 355 R 1 250 000 · 41 m · 2025 R 1 300 000 · 89 m · 2024 R 1 165 000 · 106 m · 2025 R 13 523 600 · 125 m · 2025 R 1 700 000 · 138 m · 2025 R 1 250 000 · 139 m · 2026 R 850 000 · 145 m · 2024 R 1 405 000 · 165 m · 2025 R 1 234 000 · 173 m · 2024 R 1 720 000 · 180 m · 2025 R 1 580 000 · 215 m · 2026 R 1 650 000 · 238 m · 2025 R 1 269 000 · 256 m · 2025 R 400 000 · 273 m · 2025 R 1 180 000 · 283 m · 2026 0 m 283 m

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

Houses in this suburb · average sale price by year

2019: R 699 000 across 149 sales 2020: R 550 000 across 176 sales 2021: R 870 000 across 199 sales 2022: R 970 000 across 133 sales 2023: R 960 000 across 111 sales 2024: R 899 500 across 96 sales 2025: R 4 900 000 across 231 sales R 699 000 R 4 900 000 2019 2025

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

Provenance

Oldest bond registered2022
The firm's live book2 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 R150000 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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