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Inner London1.11
Outer London1.08
South-east1.00
South-west0.98
East Midlands0.92
West Midlands0.94
East Anglia0.95
Yorkshire and Humberside0.94
North-west0.91
Northern0.97
Scotland1.01
Wales0.98
Northern Ireland0.76
The costs are, unless otherwise noted in the text, appropriate for projects in the South-east and should be adjusted by the following location factors for schemes in other regions
ÌýUnit cost £/m2 (gifa)
Airport terminal2,500 3,000+
Note: the costs of baggage handling and other specialist equipment are excluded
ºÃÉ«ÏÈÉúTV sizecost range £/m2 (gifa)
Up to 10,000350 700
10-20,000300 450
20-40,000250 320
40-60,000250 300
60,000+240 290
Note: costs are based on an average UK location and include external works and services. Costs of distribution centres vary in cases where a client has access to a national supply chain
Shell-and-core£/m2 (gifa)
City and West End – high quality, speculative, less than 150,000ft2, less than eight storeys, A/C1,900 2,700
City and West End – high quality, speculative, greater than 150,000ft2, eight-to-20 storeys, A/C1,830 2,350
City and West end – iconic, speculative office tower, A/C2,700 3,550
Note: costs are for developments completed to shell-and-core only, based on City of London location
ÌýUnit cost £/m2
Data centre, fully fitted-out to provide tier 3 resilience14,000 18,000
Note: figures are based on the floor area of technical space, not gross internal floor area
Current construction costsCity/West End £/m2 (nia)Out of town £/m2 (nia)
Developers fit-out, general office area400 500300 400
General office – open plan600 700400 550
General office – part cellular800 1,000600 800
Senior executives900 1,200700 1,000
Conference suites2,500 2,7502,000 2,500
Sub-equipment room2,000 2,5001,750 2,250
Restaurant1,750 2,2501,500 2,200
Kitchen2,500 3,0002,250 2,900
Note: indicative costs for fit-out of office space from shell-and-core condition to Category A. Costs for City/West End are based on central London location. Costs for out-of-town are based on a South-east location. Main contractor preliminaries included at 5-8%, based on a lump-sum contract. Specific exclusions: furniture, IT wiring and equipment, security, audiovisual equipment and relocation costs; general exclusions also apply
ÌýUnit size £/m2 (gifa) less than 2,000m2Unit size £/m2 (gifa) more than 2,000m2
Functional, non-A/C 800 1,000750 950
Medium quality, non A/C 950 1,150900 1,100
Medium quality, A/C 900 1,2501,000 1,200
Good quality 1,050 1,2501,000 1,200
High quality, A/C 1,200 1,4501,150 1,400
Note: costs include category A fit-out only
£/m2 (gifa)
Minor refurbishment275 760
Medium refurbishment760 1,350
Major refurbishment1,350 1,950+
Note: includes Category A fit out
Ìýunit cost £/m2 (gifa)unit cost £/m2 (gifa)
Department store fit-out1,1002,400
Ìýunit cost £/m2 (gifa)unit cost £/m2 (gifa)
Shell400700
Supermarket fit-out9001,200
Note: costs include back-of-house areas. The fit-out costs include all display and refrigeration units, check outs and IT systems
Current construction costsunit cost £/m2 (gifa)unit cost £/m2 (gifa)
New-build shopping centre
Mall - comfort cooled3,0004,000
Retail shell – anchor tenant, capped off services8001,200
Retail shell – small/medium unit, capped off services8001,100
Public WCs2,0003,000
Centre management1,8002,600
Landlord’s back of house and service corridors1,4001,900
Basement service yard1,4001,800
New build factory outlet centreÌýÌý
Retail units – enclosed mall2,3003,000
Retail units – open mall500800
Current construction costs£/seat
Basic stand; WCs and concession areas only700 1,000
Regional stadium; WCs, concession areas and limited hospitality1,200 1,800
Regional feature stadium; changing rooms, offices, retail/hospitality areas and conference facility1,600 3,500
National/iconic; full facilities including retail, hospitality and conference 3,500 5,000
Indoor arena with permanent ice pad and podium parking5,000 7,000
Note: Estimating the construction costs of stadiums and grandstands should be based on a clear understanding of the cost drivers of a specific scheme. There are many developments variables which may not directly be affected by the number of seats. These include: type of sport played, tier arrangement, roof structure, sightlines, building footprint and provision of additional space for hospitality/community use. Estimates prepared on a cost-per-seat basis without taking into account these variables could be inaccurate
Current construction costsAverage gross floor area / room m2 (gifa)unit cost £/m2 (gifa) £000s / bedroom
Luxury city centre, multistorey, conference, wet leisure facility70 1202,100 2,900 150 300
Mid-range town centre 4-6 storeys, conference and leisure facilities50 801,500 2,300 80 130
Budget city centre – new build, 4-6 storeys, dining and bar facilities30 451,200 1,500 40 65
Note: Costs inclusive of furniture, fittings and equipment but exclusive of operating equipment
Current construction costsunit cost £/m2 (gifa) indicative areas m2 (gifa)
Dry leisure centre1,200 1,7001,000 1,500
Wet and dry centre1,800 2,5004,500 9,000
Swimming pool 25m1,800 2,8001,800 2,500
Swimming pool 50m3,000 4,000n/a n/a
Out-of-town health and fitness club (shell and fit-out, including pool)1,500 2,5003,200 4,200
Ìýunit cost £/m2 (gia)
Affordable residential apartments (Inner-London location, mixed-tenure development, frame construction, rainscreen cladding with punched windows, basic finishes and LTHW heating) 1,500 1850
Mid-range private residential apartments (Inner-London location, single tenure development, mid-rise frame construction, rainscreen cladding with punched windows, medium-quality finishes LTHW heating with centralised services) 1,650 2,350
High-quality mid-rise private residential apartments (Inner-London location, single-tenure development, frame construction, multiple core, unitised curtain walling, high-quality finishes, comfort cooling, underfloor heating, centralised services) 2,000 2,500
High-quality high-rise private residential apartments (Inner London location, single-tenure development, framed construction, multiple core; unitised curtain walling; high quality finishes; comfort cooling; under floor heating; centralised services)2,200 3,000
Prestige quality multistorey private residential apartments (Inner London location; Single tenure development; framed construction; multiple core, high-quality stone and glass unitised curtain walling, luxury quality finishes, comfort cooling, underfloor heating, centralised services) 2,700+
Note: LTHW is low temperature hot water