TYPICAL UK CONSTRUCTION COSTS OF BUILDINGS

Release date 1 January 2018

Typical Construction Costs of Buildings

Below is a guide to typical construction costs of various buildings per m2 of gross internal floor area (internal area measured over internal walls and partitions, stairwell
openings etc). The costs are typical guide costs for a building of the size stated, constructed to a typical or mid-range specification. It is quite possible for costs to vary from
-15% to +10% from the guide costs given here depending on the quality and specification of the finished building. Even this range is not absolute but is a guide only.

Costs are set at current index 177 - 1Q2018 (Year 2000 = 100), at UK national average (index 100). See the Construction Indices (construction-indices), the Regional
Variations (regional-variations) and the Project Value Adjustments (project-size) pages for more details. The costs are for the building only, inclusive of preliminaries and
contractor's overheads and profit. The costs are exclusive of furnishings, external works, allowances for risk (contingencies), fees and VAT.

If you don't know any better, we would typically add a further 20% of the costs below to cover the possible costs of external works (hard pavings, landscaping, external
fences and walls, etc., foul and surface water drainage, and external services) and to the new sub-total figure a further 15% to cover risk (contingencies). This is only very
much a rough guide and depends very much on the size of the site associated with the building and the level of specification and complexity of the external works.
Professional fees can be anything from 5% to 10% depending on the size of the project - generally the larger the project the smaller fee percentage.

Building prices can be influenced significantly by local conditions, local market conditions, size and specification. The prices given here are intended only as an indicative
guide and should be used with caution as prices outside these ranges can be encountered in meeting local conditions and specific client requirements.

An example of how a construction works budget may be put together is given at the end of this page.

Utilities and Civil Engineering Facilities

Surface car parks 1000m2 £110

Surface car parks with landscaping 1000m2 £130

Multi-storey car parks 15000m2 £490

Underground car parks with mechanical ventilation 2000m2 £1,130

Railway stations 5000m2 £2,620

Bus stations 5000m2 £2,490

Bus garages 2000m2 £1,040

Petrol stations 1000m2 £2,300

Vehicle showrooms with workshops 2000m2 £1,330

Vehicle repair and maintenance buildings 2000m2 £1,330

Industrial buildings

Agricultural shed 5000m2 £670

Factory, light industrial for letting with incoming mains only 5000m2 £680

Factory, light industrial for letting including lighting and power, toilets and basic office accommodation 5000m2 £860

Factory, light industrial for owner occupation including all services and basic accommodation 5000m2 £1,100

Factory, heavy industrial for owner occupation including all services and basic accommodation 5000m2 £1,770

High-technology workshops with air-conditioning 5000m2 £2,910

High bay warehouse 10m to 15m high (excluding racking) 10000m2 £360

High bay warehouse 16m to 24m high (excluding racking) 10000m2 £390

Administrative buildings

County court 2000m2 £2,760

Magistrates court 2000m2 £1,560

Office, non-air conditioned 3000m2 £1,520

Office, low rise, air conditioned 3000m2 £1,650

Office, medium rise, air conditioned 6000m2 £1,980

Office, high rise, air conditioned 10000m2 £2,240

Bank (branch) 2000m2 £1,810

Bank (city centre/head office) 2000m2 £2,490

Shop - shell 1000m2 £820

Shop - fitting out shell 1000m2 £770

Retail warehouse 6000m2 £820

Shopping mall, air-conditioned 80000m2 £3,990

Police station 2000m2 £1,810

Ambulance station 2000m2 £1,150

Fire station 2000m2 £1,860

Health and welfare buildings

General hospital 10000m2 £2,160

Group practice surgery 2000m2 £1,500

Health centre 2000m2 £1,500

Home for the handicapped 3000m2 £1,520

Home for the elderly 3000m2 £1,470

Refreshment, entertainment and recreation buildings

Restaurant 2000m2 £1,680

Public house 2000m2 £1,860

Theatres 4000m2 £3,860

Community centre 2000m2 £1,630

Swimming pool (international standard) 8000m2 £3,720

Swimming pool (local authority standard) 3000m2 £2,700

Sports hall including changing rooms 3000m2 £1,180

Squash courts 1000m2 £1,190

Sports pavilion 1000m2 £1,510

Religious buildings

Church 1500m2 £1,530

Church hall 1000m2 £1,690

Educational, cultural and scientific buildings

Nursery school 1000m2 £1,560

Primary school 4000m2 £1,500

Secondary school 12000m2 £1,690

Sixth form college 5000m2 £1,430

University 12000m2 £1,530

Training centre 2000m2 £1,630

Laboratory building 12000m2 £2,310

Computer building 5000m2 £2,120

Learning resource centre 2000m2 £1,750

Conference centre 5000m2 £2,050

Residential buildings

Housing association schemes apartments/flats 2000m2 £1,580

Housing association schemes bungalows 2000m2 £1,340

Housing association schemes houses 2000m2 £1,320

Sheltered housing flats with lifts and warden's accommodation 2000m2 £1,260

Private developments 3 to 5 storey flats 2000m2 £2,180

Private developments two and three storey houses 2000m2 £1,830

Private house, single detached 250m2 £1,960

Apartments - high quality in residential tower 7000m2 £2,520

Students residence 5000m2 £1,740

Hotel - luxury city centre 5000m2 £3,550

Hotel - business town centre with conference and leisure facilities 5000m2 £2,630

Hotel - mid range with conference and leisure facilities 5000m2 £2,090

Hotel - budget city centre with dining and bar facilities 3000m2 £1,910

Hotel - budget roadside excluding dining facilities 2000m2 £1,700

Example of putting a budget together
The following is an example of how an early cost advice budget may be put together when all that is know about the project is building size (gross floor area), location and
an indicative start of construction date.

This example is for a proposed new office block in York, 5000m2 gross floor area, with a proposed construction start date of January 2019.

Base cost from cost per m 2 table above

Office, medium rise, air conditioned 5000m2 x £1,980 9,900,000

Adjustment for location (regional-variations) (York = 95) 0.95

9,405,000

Adjustment for project value (project-size)

Base cost factor (6000m2 x 1,980 = 11,880,000) 0.87

Cost factor for this project (base value 9,405,000) 0.88

Adjustment (0.88 - 0.87) / 0.87 1.15% 108,000

9,513,000

Adjustment for construction start date

Current tender price index (construction-indices) January 2018 177

Forecasted tender price index (construction-indices) January

182
2019

Adjustment (182 - 177) / 177 2.82% 269,000

9,782,000

Allowance for external works say 20% 1,956,000

11,738,000

Allowance for risk say 15% 1,761,000

13,499,000

Indicative total building works cost £13,500,000

Estimate base date: 1 January 2018.

Cost excludes land purchase, fees and VAT.

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