Cost per square metre is the most useful single figure for early-stage renovation budgeting. It lets you quickly test whether a project is financially viable before committing to architectural fees, surveys, or detailed specification. It is not a substitute for a formal tender — but it is a reliable sense-check.

The figures below are based on 2026 UK market rates including materials and labour, but excluding VAT (which is currently 20% on most renovation work — a significant addition for budget planning), professional fees, and structural engineer costs.


What Affects Cost Per m²

Before looking at the figures, it is worth understanding what drives variation. A £1,200/m² kitchen renovation and a £1,200/m² full whole-house refurbishment are very different propositions — the kitchen includes expensive fittings concentrated in a small area; the whole-house rate covers much more floor area but with lower fitting density.

Key variables:

Finish level — the single largest driver. A budget bathroom at £4,500 in a 5m² space is £900/m²; the same space with floor-to-ceiling stone tiles, freestanding bath, and designer sanitaryware can reach £6,000–£9,000 (£1,200–£1,800/m²).

Extent of strip-out — a light cosmetic refurbishment (painting, new kitchen doors, new flooring) costs a fraction of a full gut-out to structure.

Services condition — if the electrical and plumbing installation needs full replacement, expect an additional £45–£75/m² of floor area for a whole-house rewire and replumb.

Structural complexity — removing load-bearing walls, adding RSJ steel beams, or underpinning adds £3,000–£15,000 per structural alteration, which is then spread across the floor area in the per-m² calculation.

Regional location — London rates typically run 20–35% above the South East, and 35–55% above the Midlands and North of England.


Renovation Cost Per m² by Finish Level

The table below uses gross internal floor area (GIFA) — the total floor area of all floors within the external walls, measured to the internal face.

Finish LevelWhat Is Included£/m² (GIFA) South East excl. London£/m² (GIFA) London
Cosmetic / light refurbishmentDecoration, new flooring, new kitchen doors/worktops, bathroom re-seal. No structural work, no rewiring.£650–£900£800–£1,150
Standard refurbishmentFull redecoration, new flooring throughout, complete bathroom(s), complete kitchen (mid-range), partial rewire and replumb.£950–£1,350£1,200–£1,700
Full renovation (budget/mid spec)Complete gut-out, full rewire and replumb, new boiler, full plastering, new kitchen and bathroom(s), new windows, flooring throughout.£1,100–£1,600£1,400–£2,000
Full renovation (mid/high spec)As above with higher-specification finishes: stone worktops, tiled bathrooms, engineered timber floors, underfloor heating, bespoke joinery.£1,500–£2,200£1,900–£2,800
High specificationBespoke kitchen, marble or large-format stone throughout, designer sanitary ware, smart home systems, significant architectural alteration.£2,000–£3,000+£2,500–£4,000+

What These Figures Include and Exclude

Included in the £/m² rates above

  • All labour (via main contractor or self-managed trades)
  • Materials for the specified finish level
  • Sanitary ware (bathrooms), fitted furniture (kitchen), and appliances at the stated specification level
  • Floor finishes throughout
  • Internal decoration (paint, minor plaster repairs)
  • New internal doors and ironmongery at standard specification

Excluded (add separately)

ItemTypical CostNotes
VAT+20% on most worksSome listed building works are zero-rated
Architectural fees£3,000–£15,000Higher for complex projects with planning
Structural engineer fees£800–£3,500Per structural element; more for complex schemes
Party wall surveyor£700–£2,500Where the Party Wall etc. Act 1996 applies
Building Regulations fees£400–£1,500Depends on scope; full plans vs building notice
Planning application fees£258 (householder)£528 for larger works from April 2025
New windows and external doors£1,200–£4,500/windowExcluded from most refurb rates; highly variable
Roof repairs or re-roofing£4,000–£18,000Highly dependent on size and material
External landscaping£3,000–£20,000+Not included in floor area calculation
Contingency15–20% of construction costHigher for period properties and structural unknowns

Structural Uplifts

Structural alterations are typically costed as discrete items rather than folded into a per-m² rate, because they do not scale with floor area in the same way:

Structural ItemTypical Cost Range (2026)
Remove non-load-bearing stud wall£300–£600
Remove load-bearing wall, install RSJ up to 3m span£2,500–£4,500
Remove load-bearing wall, install RSJ 3–6m span£4,000–£8,500
Knock through chimney breast (ground floor)£1,200–£2,500
New opening in solid brick external wall£1,500–£4,000
Underpin single bay (1.2m)£3,000–£6,500

These are before structural engineer fees and Building Control fees, which are additional.


Regional Multipliers

Using South East (excluding London) as a baseline of 1.0:

RegionApproximate Multiplier
Inner London1.30–1.45
Outer London1.15–1.30
South East1.00
South West0.90–1.00
East of England0.90–1.00
East Midlands0.80–0.90
West Midlands0.80–0.90
Yorkshire / Humber0.75–0.85
North West0.78–0.88
North East0.72–0.82

These are indicative. Labour rates in major regional cities (Birmingham, Manchester, Leeds) typically sit at the upper end of their regional range.


Worked Example: Three-Bedroom Victorian Terrace, South East

Property: 1890s terrace, 105m² GIFA over two storeys plus cellar (cellar excluded from GIFA for this calculation)

Scope: Full gut renovation including structural opening to create open-plan kitchen-diner, full rewire, replumb, new boiler, new kitchen, two bathrooms, engineered wood floors throughout, new windows, plastering, and decoration. Mid to high specification.

ElementCost
Construction cost (105m² at £1,750/m²)£183,750
Structural alteration (steel beam, opening)£5,500
New windows x 8£20,000
Roof repairs£6,500
VAT at 20%£43,150
Architectural fees£9,000
Structural engineer£2,500
Building Control£1,200
Contingency (15%)£27,562
Total£299,162

This is not an unusual budget for a full renovation of a Victorian terrace in the South East at above-average specification. The per-m² rate of £1,750/m² on the construction cost alone is reasonable for mid-to-high spec; the real total per m² including all fees and contingency is approximately £2,850/m².


Using £/m² Figures Sensibly

Per-m² figures are most useful for:

  • Quickly testing whether a project has a realistic budget before incurring professional fees
  • Comparing the rough cost of different scope options (e.g. extension vs loft conversion)
  • Setting a contingency level (period properties: 15–20%; modern stock: 10–15%)

They should not be used to:

  • Accept or reject a contractor’s tender (always get itemised quotes)
  • Set a fixed budget for a contract without allowing for contingency
  • Compare against costs from five or more years ago without inflation adjustment (construction inflation has run at 7–12% per annum in 2022–2024, moderating to 3–5% in 2025–2026)

The most reliable approach is to use per-m² figures for initial viability testing, commission a detailed specification once the project is confirmed viable, and obtain a minimum of three competitive tenders on that specification before committing to a contract.