1 | Data Tables | |||||||
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5 | Note - average property size based on English Housing Survey figure 97 sq m / 1044.1 sq ft | |||||||
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9 | Table shows estimated construction cost per sq ft and for an average property and the difference vs the new build average house price | |||||||
10 | Location | Est construction costs per sq ft | Est house construction cost (average size of 1044.1 sq ft) | New Build average house price | Difference £ | Difference % | ||
11 | East Midlands | £180 | £187,938 | £389,127 | £201,189 | 107.1% | ||
12 | East of England | £210 | £219,261 | £510,524 | £291,263 | 132.8% | ||
13 | London | £240 | £250,584 | £607,722 | £357,138 | 142.5% | ||
14 | North East | £170 | £177,497 | £280,012 | £102,515 | 57.8% | ||
15 | North West | £180 | £187,938 | £330,768 | £142,830 | 76.0% | ||
16 | South East | £210 | £219,261 | £532,523 | £313,262 | 142.9% | ||
17 | South West | £180 | £187,938 | £448,722 | £260,784 | 138.8% | ||
18 | West Midlands region | £180 | £187,938 | £387,037 | £199,099 | 105.9% | ||
19 | Yorkshire and the Humber | £170 | £177,497 | £304,047 | £126,550 | 71.3% | ||
20 | England | £190 | £198,270 | £436,403 | £238,133 | 120.1% | ||
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24 | Table shows additional notes regarding estimated construction costs | |||||||
25 | Included | Not included | ||||||
26 | Materials | Land purchase costs | ||||||
27 | Labour | Utility works | ||||||
28 | First fix | Groundworks | ||||||
29 | Second fix | Site works | ||||||
30 | Contractor's margin | VAT if applicable | ||||||
31 | Preliminaries | Client direct costs | ||||||
32 | Professional services |