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$227? That's quite a jump from other recent releases.
It is compared to the Gorshin Riddler, which was a good value set.
The '89 Alfred is $177:
I compared the specs and they were comparable apart from the table, bust and telephone with '66 Alfred (plus a shirt and some extra accessories). So it's those items that account for the $50 (including any extra shipping costs they entail).
Personally I could do without electronic features since I never use them. I used to put the batteries in with Hot Toys figures just to check that the function worked, but don't even bother to do that any more.