Example Property (illustrative) · Jeffreys Bay
Erf SAMPLE-2841 · Kouga Local Municipality · Eastern Cape · fictional example
Illustrative example
All figures are examples
1 · Automated market estimate
EXAMPLEExample: against an asking price of R 1 695 000, this asking sits at 105% of the modelled market estimate — within the model's ±15% band. This is an automated model output, not a professional valuation.
2 · Property facts
EXAMPLE3 · Registered ownership & title
SAMPLE DATAWhen launched, these fields will come straight from the Deeds Registry for the exact erf.
4 · Comparable recent sales
SAMPLE DATA| Address | Erf | Sold | Price | Extent |
|---|---|---|---|---|
| Example Ave 10 | 2839 | Mar 2025 | R 1 575 000 | 705 m² |
| Example St 3 | 2790 | Nov 2024 | R 1 690 000 | 740 m² |
| Example Ave 22 | 2855 | Aug 2024 | R 1 520 000 | 698 m² |
Median comparable: R 1 575 000 · consistent with the modelled estimate above.
5 · Bond & risk flags
SAMPLE DATA6 · How the automated estimate was calculated (glass-box)
METHOD- Example municipal value from the valuation roll: R 1 240 000 (in a live report, sourced from the certified Kouga GV).
- Town uplift factor for Jeffreys Bay: ×1.30 (calibrated from local asking-vs-roll data).
- Modelled market value = 1 240 000 × 1.30 = R 1 612 000; band ±15%.
- Cross-checked against 3 comparable sales (median R 1 575 000) — within band.
The automated estimate shows its inputs and calculation method — no black box.
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Sample for illustration. When launched, dossiers will draw title, ownership, sales and bonds from the official Deeds Registry, subject to POPIA. PangaProp provides property information only — it is not an estate agent, holds no mandate, and gives no financial or legal advice.