Which Home Improvements Add Value To Your Home?
Explore which home improvements can not only enhance your living space but also increase your property's value
32, Elvetham Road, Birmingham, West Midlands, B15 2LZ See map
32 Elvetham Road is a detached house with a valuation of £500,000.
Since the house was last sold in August 2009 for £270,000, its value has risen by £230,000.
Valuation Trends
Sold house prices and home valuation trends over time
Learn about how we value property
Property Summary
House features, location, and investment performance
32 Elvetham Road is a freehold detached house. If the property has typical features for the street, its size would be expected to be between 1,000 and 1,500 sq ft, based on the £354 to £470 average cost per sq ft for detached houses on Elvetham Road.
The property was a good investment for its previous owner, who made a £125,000 profit between August 1999 and August 2009.
Investment
32, Elvetham Road, Birmingham, West Midlands B15 2LZ
Sold House Prices
Timeline of sold house prices
Since 32 Elvetham Road's first recorded sale in 1999, the house's price has risen by £355,000 or 10% per year.
During the same period, the price of an average home on Elvetham Road increased by £385,000 or 11% per year, and the average UK home increased by 11% per year.
- Current valuation£500,000
Detached house freehold
+ 85% - Sold August 2009£270,000
Detached house freehold
+ 86% - Sold August 1999£145,000
Detached house freehold
Valuation Comparison
Comparison of local and national house prices
House Prices in Elvetham Road start at £131,000 for the cheapest property on the street, rising to £1,201,000 for the most expensive.
32 Elvetham Road is worth 6% less than the £531,000 average property on Elvetham Road and 67% more than the £300,000 average home in England.
Average Detached House Prices in the West Midlands
AREA
VALUE
Difference
32 Elvetham Road
£500,000
Recently sold nearby
View allValuation details
Property valuation details and commonly asked questions
In this section
- How is the property valuation estimated?
- Where are the figures sourced?
- What should I do if the details are incorrect?
How is the property valuation estimated?
Every month, our Automated Valuation Model (AVM) determines property values.
Our AVM collects data from reputable sources, like HM Land Registry, and uses the data to estimate what each property is worth.
In our tests, we have found that the sale price of a property falls within our AVM's confidence range in most cases. However, there are scenarios where the valuations are not accurate. For example, if significant alterations have been made to a property recently or if a property is unique with few comparables.
For more details on the workings of our AVM, including its strengths, limitations, and how it measures up to traditional valuation methods, please refer to our guide 'How We Value Property'.
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 data on property types/tenures, are sourced from the HM Land Registry.
There is a time delay in property sales appearing in HM Land Registry, which can be up to three months.
What should I do 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.
Related guides
First-Time Home Buyer Guide
Navigating the homeownership journey as a beginner - topics explained, useful tips, and helpful resources
How To Make an Offer and Negotiate for a House
Key steps for determining the right initial offer for a house, and how to navigate the negotiation process towards a final price