Calculating the Gross Development Cost (GDC)
House Build Costs
Here are some average figures for building your houses or apartments:
Road and Drainage Build Costs
If you need to build a road into your site allow £205 per m2 for road and drainage.
Demolition
If your site has an existing building that needs demolishing, here are some basic costs:
Professional Fees
Once you have your construction price allow 9% as additional fees to pay your professionals.
An approx. breakdown would be as follows: