Lifetime Costs of Buildings

Release date 1 January 2019

The following is a sample of estimated annual maintenance and operational costs for various buildings derived from information published by the RICS.

The indices are set at current tender price index 179 (1Q2019 - Year 2000 = 100) and UK national average index 100.

Maintenance costs

  • Building fabric and services
  • Decorations

Operational costs

  • Cleaning
  • Utilities (water and energy)
Building Estimated £/m2 gross floor area per annum
  Maintenance Decoration Cleaning Utilities Total
Factories £16.40 £2.00 £12.30 £18.90 £49.60
Universities £32.20 £2.60 £14.30 £17.40 £66.50
Shops £23.50 £3.10 £19.90 £29.70 £76.20
Swimming pools £31.20 £2.60 £16.90 £40.90 £91.60
Hotels £30.20 £3.60 £29.20 £29.20 £92.20
Hospitals £38.40 £3.60 £43.50 £27.10 £112.50