East Midlands GDV Calculator (BCIS Q2 2026)

East Midlands BCIS Q2-2026: 2,050 to 2,850 £/sqm. GDV 250 to 400 £/sqft. Nottingham, Derby and Leicester. Sub-250k GDV per unit pencils on small sites under the right cost stack.

BCIS Q2 2026 band

  • Low: 2,050 £/sqm
  • Mid: 2,400 £/sqm
  • High: 2,850 £/sqm
  • Regional index (UK = 100): 95

GDV working band

Resale GDV 250 to 400 £/sqft (low to high). Mid 310 £/sqft. Sense-check against current Land Registry Price Paid postcode-area aggregates before committing a bid.

Nottingham, Derby, Leicester; sub-250k GDV/unit pencils on small sites.

Viability test

  • NPPF Dec-2025 17.5 percent PoGDV benchmark is the working test.
  • Schemes that target sub-250k GDV per unit must control build cost to under £1,800/sqm to hit the benchmark.

Sub-250k GDV per unit

  • Terrace stock outside city centres delivers 220k to 280k GDV per unit.
  • Below 250k, professional fees must trim to 9 to 10 percent or PoC dips below 17.5 percent.

Open the workbench with these rates

Inputs
MAX LAND BID£0At 20% profit on cost, 9 units, 950 sqft GIA each.
ABORT
GDV£2,252,925
Build cost£1,906,370
Prof fees£228,764
s106/CIL/BNG£108,000
Contingency£168,235
Finance interest£171,810
Target profit£516,636
Total costs (excl land)£2,583,179
Senior debt @ LTGDV£1,464,401
PoC-12.8%
PoGDV-14.7%
LTC56.7%
Sensitivity (PoC %)
Build -5%Build +5%Build +10%Build +15%Build +20%
GDV -15%-22%-29%-32%-35%-38%
GDV -10%-18%-25%-28%-31%-34%
GDV -5%-13%-21%-24%-27%-30%
GDV 0%-8%-17%-20%-24%-27%
GDV +5%-4%-13%-16%-20%-23%

Cells show profit-on-cost percentage at each GDV stress / build-cost shock pair. Cells below your target PoC turn amber-warm; cells below 10 percent abort.

BCIS General Building Cost Index Q2 2026· Q2 2026Appraisal model reviewed by Oliver Wakefield-Smith (data integrity) with chartered-surveyor (MRICS) and CTA tax review. No affiliate links.