Lifetime Costs of Buildings

Release date 12 January 2020

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 188 (1Q2020 - 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 £17.10 £2.10 £12.80 £19.80 £51.80
Universities £33.60 £2.70 £15.00 £18.20 £66.50
Shops £24.60 £3.20 £20.80 £31.00 £79.60
Swimming pools £32.60 £2.70 £17.60 £42.70 £95.60
Hotels £31.50 £3.70 £30.40 £30.40 £96.00
Hospitals £40.10 £3.70 £45.40 £28.30 £117.50