Lifetime Costs of Buildings

Release date 7 October 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 191 (4Q2020 - 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 £17.40 £2.20 £13.00 £20.10 £52.70
Universities £34.20 £2.70 £15.20 £18.50 £70.60
Shops £25.00 £3.30 £21.20 £31.50 £81.00
Swimming pools £33.10 £2.70 £17.90 £43.40 £97.10
Hotels £32.00 £3.80 £30.90 £30.90 £97.60
Hospitals £40.70 £3.80 £46.10 £28.80 £119.40