BCIS Q2 2026 band
- Low: 1,950 £/sqm
- Mid: 2,300 £/sqm
- High: 2,750 £/sqm
- Regional index (UK = 100): 100
GDV working band
Resale GDV 235 to 425 £/sqft (low to high). Mid 305 £/sqft. Sense-check against current Land Registry Price Paid postcode-area aggregates before committing a bid.
BCIS regional baseline (index 100). Manchester, Liverpool, Chester.
Why NW is the baseline
- BCIS publishes regional adjustment factors against a UK-average index of 100, with NW historically used as the working baseline because of large-sample tender-price coverage.
- Read other regions' rates as a relative adjustment from this base.
M4 scheme economics
- Ancoats / M4 small-sites schemes deliver 9 to 12 unit blocks at 260k GDV per unit.
- See the 9-unit M4 worked scenario for the full ledger.
Open the workbench with these rates
Inputs
MAX LAND BID£0At 20% profit on cost, 9 units, 950 sqft GIA each.
ABORT
GDV£2,216,588
Build cost£1,826,937
Prof fees£219,232
s106/CIL/BNG£108,000
Contingency£161,563
Finance interest£164,996
Target profit£496,146
Total costs (excl land)£2,480,729
Senior debt @ LTGDV£1,440,782
PoC-10.6%
PoGDV-11.9%
LTC58.1%
Sensitivity (PoC %)
Build -5%Build +5%Build +10%Build +15%Build +20%
GDV -15%-20%-27%-31%-34%-36%
GDV -10%-16%-23%-27%-30%-32%
GDV -5%-11%-19%-22%-26%-29%
GDV 0%-6%-15%-18%-22%-25%
GDV +5%-2%-10%-14%-18%-21%
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.