Lifetime Costs of Buildings

Release date 1 April 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 180 (2Q2019 - 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 £16.50 £2.10 £12.30 £19.00 £49.90
Universities £32.40 £2.60 £14.40 £17.50 £66.90
Shops £23.70 £3.10 £20.10 £29.80 £76.70
Swimming pools £31.40 £2.60 £17.00 £41.10 £92.50
Hotels £30.30 £3.60 £29.30 £29.30 £92.50
Hospitals £38.60 £3.60 £43.70 £27.30 £113.20