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Sample report · Reference PV-SAMPLE-2026-0001

Propworths Smart Valuation Report

Residential property — Kelderhof Country Village, Somerset West, South Africa · Generated 27 August 2026

Estimated market value
ZAR 3,887,000
Range ZAR 3,616,000 – ZAR 4,158,000 · Confidence 85%
85%
Confidence
ZAR 13,882
Price / m²
3.2%
Est. rental yield
+3.2%
Area trend (YoY)

Valuation rationale

The reconciled market value of R 3,887,000 is derived primarily from the Sales Comparison Approach (55% weight), supported by a Depreciated Replacement Cost assessment (45% weight) using a researched build cost of R 14,800/m². The listing's asking price of R 3,450,000 sits approximately 12.7% below the assessed market value, suggesting the property is conservatively priced relative to comparable evidence.

Market analysis

The Somerset West / Helderberg basin residential market has shown sustained price stability over the 24-month review period, with year-on-year growth of roughly 3.2% — above the national residential average. Kelderhof Country Village commands a measurable premium due to its controlled access, superior estate management and dual mountain-and-sea aspect. Average time-on-market for comparable stock was 38–45 days, with no significant distress sales identified within the 3 km search radius.

Key value drivers

  • Prime secured estateKelderhof commands a premium for controlled access and estate management.
  • 2023 renovation · Excellent conditionRecent renovation limits near-term capital expenditure and supports the condition grade.
  • Dual sea & mountain viewsScarce dual aspect underpins pricing versus surrounding stock.
  • Solar PV, battery backup & EV chargingAbove-standard specification applied at the R 14,800/m² mid build-cost rate.
  • No rental income providedThe Income Capitalisation Approach carries zero weight in the reconciliation.

Location & comparable sales map

The subject property is the gold pin, inside a 2 km search radius. Each numbered pin is a comparable sale — the number matches its row in the table below (most recent first).

Loading map…
Subject propertyComparable sales (1–18, matching the table)Gold circle = 2 km radius

Comparable sales analysis

#AddressSale dateSale priceSizePrice / m²DistanceType
16 Erinvale Drive, Erinvale02 May 2025ZAR 5,200,000340 m²ZAR 15,2941.5 kmFreehold house
227 Kelderhof Villas, Kelderhof Country Village22 Apr 2025ZAR 2,650,000160 m²ZAR 16,5630.3 kmTownhouse
33 Sitari Main, Sitari Country Estate11 Apr 2025ZAR 3,750,000300 m²ZAR 12,5001.7 kmFreehold house
412 Wordsworth Road, Kelderhof Country Village05 Mar 2025ZAR 3,390,000270 m²ZAR 12,5560.1 kmFreehold house
515 Sea Breeze Close, Land en Zeezicht25 Feb 2025ZAR 3,300,000275 m²ZAR 12,0001.9 kmFreehold house
634 Keats Crescent, Somerset Ridge09 Feb 2025ZAR 3,850,000310 m²ZAR 12,4191.8 kmFreehold house
718 Ridge View, Somerset Ridge30 Jan 2025ZAR 2,480,000145 m²ZAR 17,1031.2 kmSectional title
88 Tennyson Close, Kelderhof Country Village18 Jan 2025ZAR 3,280,000265 m²ZAR 12,3770.4 kmFreehold house
92B Somerset Heights, Somerset Heights07 Dec 2024ZAR 2,150,000130 m²ZAR 16,5380.9 kmSectional title
105 Shelley Drive, Kelderhof Country Village22 Nov 2024ZAR 3,100,000255 m²ZAR 12,1570.7 kmFreehold house
1140 Vineyard Way, Blueberry Hill11 Nov 2024ZAR 3,180,000260 m²ZAR 12,2311.4 kmFreehold house
1211 Helderberg Mews, Helderberg Estate28 Oct 2024ZAR 2,540,000155 m²ZAR 16,3871.7 kmTownhouse
137 Coleridge Way, Helderberg Estate03 Oct 2024ZAR 4,100,000320 m²ZAR 12,8131.6 kmFreehold house
1444 Blueberry Lane, Blueberry Hill19 Sept 2024ZAR 3,520,000285 m²ZAR 12,3511.3 kmFreehold house
15Erf 512, Sitari, Sitari Country Estate30 Aug 2024ZAR 1,650,000480 m²ZAR 3,4381.8 kmVacant land
1621 Byron Avenue, Somerset Central14 Aug 2024ZAR 3,620,000295 m²ZAR 12,2711.1 kmFreehold house
179 Central Mews, Somerset Central16 Jul 2024ZAR 1,890,000110 m²ZAR 17,1821.0 kmSectional title
1819 Milton Place, Land en Zeezicht28 Jun 2024ZAR 2,950,000240 m²ZAR 12,2921.9 kmFreehold house

Median price/m² over 24 months in this radius: ZAR 12,460 (18 sales analysed)

Smart insights & tools

Everything below is included in your Smart Valuation — interactive tools that turn the raw comparables into a clear picture of price, market direction and investment potential.

24-month suburb price trend

Median price in Somerset West — the dashed gold line is this valuation.

Sold vs asking — Somerset West

4.2%
Median discount below asking
47 days
Average time on market
82%
Listings sold within 90 days

Investment scenario planner

Adjust the inputs or pick a preset — figures recalculate instantly.

ZAR 33,699
Monthly bond repayment
6.9%
Gross rental yield
5.2%
Net yield (after 25% costs)
−ZAR 11,199
Monthly cashflow

Deposit ZAR 777,400 · Financed ZAR 3,109,600. Illustrative only — not a credit offer or affordability assessment.

Suburb desirability score

78/ 100Overall
Schools82

Strong choice of well-regarded public and private schools nearby.

Amenities75

Malls, medical, restaurants and the N2 all within easy reach.

Safety71

Secured estate living in an area with active neighbourhood watch.

Growth potential85

Sustained demand and limited new supply support future growth.

3-year price forecast

Based on the suburb's 3.2% area trend, projected forward three years.

Could be worth approximately ZAR 4,272,000 in 3 years

Projected range ZAR 4,046,000 – ZAR 4,507,000. Illustrative projection, not a guarantee of future value.

Where this property sits — price per m²

This property against the suburb median and the national residential index.

This property
ZAR 13,882
Suburb median
ZAR 12,460
National residential index
ZAR 11,800
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Not a formal valuation. This Smart-generated report is not for bank, lender, mortgage, bond or finance purposes. A formal valuation must be prepared and signed by a registered valuer. All figures above are illustrative sample data — your report will be calculated for your specific property.

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