Lifetime Costs of Buildings

Release date 1 July 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 190 (3Q2020 - 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 £17.30 £2.20 £13.00 £20.00 £52.50
Universities £34.00 £2.70 £15.10 £18.40 £70.20
Shops £24.80 £3.20 £21.10 £31.30 £80.40
Swimming pools £32.90 £2.70 £17.80 £43.20 £96.60
Hotels £31.80 £3.80 £30.80 £30.80 £97.20
Hospitals £40.50 £3.80 £45.90 £28.60 £118.80