UK Tender Price and Building Cost Indices

Release date 12 November 2022

Tender Price and Building Cost Indices

This page contains a chart and table of historic, current and forecasted UK tender price and building cost indices that used by our CostAdviser software.

It has been compiled by Costmodelling Limited from information published by the Office for National Statistics, the RICS and several leading UK construction cost consultancies. See the section at the bottom of the table for links to various data publications.

The indices given here are provided in good faith as an indicative guide only and should be used with understanding. You should also consider other sources of information. Costmodelling Limited cannot accept any liability for any work produced using these figures. You should always seek professional advice in producing costs for any construction project.

Please also be aware that some of these figures may change as more data becomes available, particularly the latter date figures when provisional data is superseded by more firm data. If you choose to use any of the data in this table, you should consider printing the table so you have a record of the data source you used.

The indices are based on Year 2000 = 100.

The current date is: 4th Quarter 2022

The current tender price index is: 205

The forecasted rise in tender price over the next 12 months is: 10.20% per annum

The current building cost index is: 209

The forecasted rise in building costs over the next 12 months is: 8.10% per annum

Tender Price Indices represent the price for which the contractor offers to carry out the project, i.e. cost to client.

Building Costs Indices are the costs incurred by the contractor in the course of his business, the principal ones being those for labour and materials, i.e. cost to contractor.

indices

Date Tender price index Building cost index
2000 100 100
101 101
102 102
103 103
2001 104 104
105 105
106 107
108 109
2002 110 111
112 113
114 115
116 116
2003 118 117
119 119
121 120
122 121
2004 123 122
124 123
126 124
129 125
2005 131 127
133 129
135 131
138 133
2006 141 135
143 137
144 139
146 140
2007 148 142
150 144
151 146
152 148
2008 152 149
152 150
153 151
153 152
2009 151 153
148 153
146 152
144 151
2010 142 149
141 148
140 148
139 148
2011 138 149
138 150
138 151
137 152
2012 137 153
137 154
137 155
136 156
2013 136 157
136 158
136 159
137 159
2014 138 160
139 161
141 162
143 162
2015 146 162
149 163
152 164
156 164
2016 159 165
162 166
165 167
168 168
2017 169 169
170 169
171 170
172 171
2018 173 172
174 173
175 174
177 175
2019 178 176
179 178
181 180
183 181
2020 185 181
187 181
186 182
187 183
2021 188 184
189 185
191 187
192 191
2022 194 195
198 199
202 204
205 209
2023 213 214
219 219
223 222
226 226
2024 228 230
231 233
233 236
235 240
2025 244 246
Data publications

Below are various publications to which we refer in producing our data: