Lifetime Costs of Buildings

Release date 1 April 2022

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 197 (2Q2022 - 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 £18.00 £2.30 £13.50 £20.80 £54.60
Universities £35.50 £2.80 £15.80 £19.10 £73.20
Shops £25.90 £3.40 £22.00 £32.60 £83.90
Swimming pools £34.30 £2.80 £18.60 £45.00 £100.70
Hotels £33.20 £3.90 £32.10 £32.10 £101.30
Hospitals £42.20 £3.90 £47.80 £29.80 £123.70