Lifetime Costs of Buildings

Release date 1 January 2021

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 191 (1Q2021 - 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 £17.50 £2.20 £13.10 £20.20 £53.00
Universities £34.40 £2.70 £15.30 £18.60 £71.00
Shops £25.10 £3.30 £21.30 £31.70 £81.40
Swimming pools £33.30 £2.70 £18.00 £43.70 £97.70
Hotels £32.20 £3.80 £31.10 £31.10 £98.20
Hospitals £40.90 £3.80 £46.40 £28.90 £120.00