31, Elvetham Road, Birmingham, West Midlands, B15 2LZLocation See map

31 Elvetham Road is a 870-square-foot [1] detached house with an estimated price today of £463,000.

Since the house was last sold in January 2017 for £330,000, its value has risen by £133,000 or 40%.

House Price Trends

Sold house prices and house price trends over time

Street sold prices
Compare to Chevron Down

Property Details

House features, location, and investment performance

31 Elvetham Road is a detached house with a freehold tenure. A 2016 survey recorded the property as having 870 square feet of floor space and an expected layout of 3 bedrooms and 2 reception rooms. The property was built in 1983-1990.

The property has been a good investment for its owners. Since its first recorded sale, the house's price has risen 13% per year on average, and in the last year, it has risen 5%.

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31, Elvetham Road, Birmingham, West Midlands B15 2LZ

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Sold House Prices

Timeline of sold house prices and cost per square foot

Since 31 Elvetham Road's first recorded sale in 1997, the house's price has risen by £359,000 or 13% per year.

During the same period, the price of an average home on Elvetham Road increased by £426,000 or 14% per year, and the average UK home increased by 15% per year.

  1. Current valuation
    £463,000

    Detached house freehold, £532 per square foot

    + 40%
  2. Sold January 2017
    £330,000

    Detached house freehold, £379 per square foot

    + 25%
  3. Sold July 2004
    £265,000

    Detached house freehold, £305 per square foot

    + 147%
  4. Sold December 1998
    £107,500

    Detached house freehold, £124 per square foot

    + 3%
  5. Sold July 1997
    £104,000

    Detached house freehold, £120 per square foot

House Price Comparison

Comparison of local and national house prices

House Prices in Elvetham Road start at £134,000 for the cheapest property on the street, rising to £1,246,000 for the most expensive.

31 Elvetham Road is worth 15% less than the £547,000 average property on Elvetham Road and 56% more than the £296,000 UK average home.

Compare Average Detached House Prices in England and Wales

Region: West Midlands Chevron Down
Show: Price Chevron Down
Warwick
£556,000
+ 20.1%
31 Elvetham Road
£463,000
Coventry
£435,000
- 6.0%
Worcester
£430,000
- 7.1%
Birmingham
£421,000
- 9.1%
Stafford
£378,000
- 18.4%
Stoke-on-trent
£299,000
- 35.4%

Energy Efficiency

Energy usage and efficiency compared to the average detached house in England and Wales. Figures from a 2016 survey

PROPERTY
Average detached
Business
EPC Rating
Energy efficiency
D
D
Flame
Energy consumption
kWh per year
20,000
26,000
Cloud
CO₂ emissions
Tonnes per year
3.6
4.7

Valuation details

Property valuation details and commonly asked questions

In this section
  • Chevron Forward Is the 31 Elvetham Road house price rising or falling?
  • Can I afford to buy 31 Elvetham Road?
  • How is the 31 Elvetham Road investment score calculated?
  • How does the size of 31 Elvetham Road compare?
  • How is the 31 Elvetham Road valuation estimated?
  • Where are the figures sourced?
  • What if the details are incorrect?

Is the 31 Elvetham Road house price rising or falling?

The 31 Elvetham Road house price estimate has risen in the past year, increasing by 5% or £21,000.

Can I afford to buy 31 Elvetham Road?

What property you can afford will depend on your financial situation and estimates of how much you can afford to borrow for a mortgage. Mortgage lenders use different rules to calculate how much you can borrow and what interest you will pay.

For example, if a mortgage lender allowed you to borrow 4.5x income and you could afford a 30% deposit of £138,900, then your annual income would need to be at least £72,022 to meet 31 Elvetham Road's current valuation of £463,000.

How is the 31 Elvetham Road investment score calculated?

The investment score measures historic short-term and long-term house price trends.

Properties with high long-term and short-term returns will have the highest scores. Equally, properties with negative returns will have a lower score.

Past performance, however, does not guarantee future returns, and price rises may have been due to extensions or other improvements to the property.

How does the size of 31 Elvetham Road compare?

The house has 870 sq ft of internal floor area, which is 8% smaller than the 950-square-foot average UK home.

How is the 31 Elvetham Road valuation estimated?

A house or flat valuation is estimated using sold prices and house price trends of similar properties in the area.

Each valuation uses our Repeat Sales House Price Index, which tracks price trends in large areas such as cities or towns. We use the index and local price trends (e.g. price increases in a street or postcode) to estimate property value.

The value estimates are most accurate when a property has sold recently and when there are similar properties nearby.

A valuation can, in some cases, be inaccurate. For example, if there have been significant changes to a property since it was last sold (e.g. an extension).

We try to make the valuations as accurate as possible, but they are estimates. When buying or selling property, you should speak to a qualified professional.

Where are the figures sourced?

Sold house prices and property types/tenures are from HM Land Registry.

There is a time delay in property sales appearing in HM Land Registry, which can be up to three months.

[1] Other property details, such as energy efficiency, are estimates from a 2016 property survey.

What if the details are incorrect?

We generate all our property valuations programmatically. They cannot be manually edited based on new information, such as evidence of redevelopment.

If sold property prices or property types are incorrect, you should verify them with HM Land Registry. You can notify HM Land Registry of any errors.

If any other property details are incorrect or out-of-date, they will update automatically when next surveyed.

You can verify property details related to energy efficiency.