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

425239 · 3 Bedroom House with Lounge

Mitchells Plain - 45 Frieda Lock Crescent

improved 3 bed 171 m² excluded confidence low bond 20032 bonds

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 44 950 balance R 270 000 by 24 Aug 2026
All-in cost R 339 950 to R 569 658 at full provisions
Discount to market -8.5% value R 524 921
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 300 000 – R 330 000
All-in ceiling R 569 658
Walk-away price R 286 995
Market value R 524 921

Firm cost at the bid floor · R 339 950

Bid price R 300 000
Sheriff's commission, incl VAT R 14 950
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 1 988
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 198 500

Municipal arrears aged R 90 000
Remediation R 50 000
Eviction R 45 000
Holding cost R 13 500

Evaluation states

reserve · pass size · pass walk away · fail ? market · review

Registered transfers nearby · 15 within 200 m

market value R 524 921 R 500 000 · 46 m · 2025 R 820 000 · 48 m · 2024 R 25 405 · 50 m · 1986 R 800 000 · 69 m · 2026 R 25 405 · 83 m · 1986 R 21 140 · 99 m · 1986 R 21 140 · 116 m · 1986 R 21 140 · 127 m · 1986 R 21 465 · 128 m · 1986 R 650 000 · 136 m · 2025 R 670 000 · 158 m · 2024 R 680 000 · 159 m · 2025 R 885 909 · 188 m · 2025 R 23 500 · 195 m · 1986 R 890 000 · 200 m · 2025 0 m 200 m

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

Houses in this suburb · average sale price by year

2019: R 235 000 across 208 sales 2020: R 460 000 across 134 sales 2021: R 500 000 across 221 sales 2022: R 250 000 across 268 sales 2023: R 213 171 across 314 sales 2024: R 500 000 across 197 sales 2025: R 620 000 across 207 sales R 235 000 R 620 000 2019 2025

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

Provenance

Case opened2023
Oldest bond registered2003
The firm's live book13 sales in this census

Warnings · 5

  • conveyancing_bands
  • commission scale not recited in the notice - configured fallback used
  • the municipal arrears ceiling is aged to the 2023-opened case: R90000 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 R45000 in its place.
  • the lowest bid this sale permits, R300000, is already above the R286995 walk-away price - no bid in the band recovers its own cost against modelled value, so this cannot alert whatever the rent turns out to be

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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