Lifetime Costs of Buildings

Release date 1 October 2019

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 182 (4Q2019 - 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 £16.60 £2.10 £12.50 £19.20 £50.40
Universities £32.80 £2.60 £14.60 £17.70 £67.70
Shops £23.90 £3.10 £20.30 £30.20 £77.50
Swimming pools £31.70 £2.60 £17.20 £41.60 £93.10
Hotels £30.70 £3.60 £29.60 £29.60 £93.50
Hospitals £39.00 £3.60 £44.20 £27.60 £114.40