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Estimate of Rebuilding Cost from BCIS.
The rebuilding cost is estimated to be £86,000 based on the information and assumptions listed below (1).
Quality
and facilities make a big difference to the rebuilding cost. While the
figure above is a reasonable estimate of the likely cost for a good
quality house with typical facilities, a basic quality house of the
same size with minimal facilities might be rebuilt for £70,000 while an
excellent quality house might cost £107,000 to rebuild.
The information we based this estimate on was:
Terraced
2 storey house built with brick external walls (2) and tile roof built
around 1990 (3). The property is not listed and does not include any
special or unusual features.
Address 12 Black Eagle Close, Westerham.
Postcode TN16 1TF.
Gross external floor area: 60m2 (4).
1 bathrooms.
1 garage spaces.
BCIS has assumed the following:
The prices used are for February 2008. This report was generated at 09:26:51 on 14-Apr-2008.
Notes:
(1)
This estimate is based on minimal details. If you have a listed
property or one with special or unusual features you should obtain
professional advice on the rebuilding cost. You may also wish to obtain
professional advice to be more certain about the rebuilding cost. A
list of chartered surveyors in your area capable of carrying out a
rebuilding cost assessment can be found at
http://www.rics.org/RICSservices/Findasurveyor.
(2) Brick external walls include brick faced timber framed houses and cement rendered walls.
(3)
It is assumed that the property is built in a style typical of its
age.(4) The Gross External Floor Area is the area of all floors added
together measured from the outside.
BCIS is the Building Cost
Information Service of the Royal Institution of Chartered Surveyors.
For further details please visit http://www.bcis.co.uk.
This report copyright RICS 2008.
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