Lifetime Costs of Buildings

Release date 1 July 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 192 (3Q2021 - 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 £17.60 £2.20 £13.20 £20.30 £53.30
Universities £34.60 £2.70 £15.40 £18.70 £71.40
Shops £25.20 £3.30 £21.40 £31.80 £81.70
Swimming pools £33.50 £2.70 £18.10 £43.90 £98.20
Hotels £32.40 £3.80 £31.30 £31.30 £98.80
Hospitals £41.10 £3.80 £46.60 £29.10 £120.60