Scotland GDV Calculator and BCIS Build Cost

Scotland build cost 1,295 to 1,421 £/sqm (Valuation Office Agency for the Cairngorms National Park Authority, 2 October 2024). GDV 250 to 470 £/sqft. LBTT plus ADS apply to land purchase; NPF4 governs viability.

BCIS build cost per sqm

  • Adopted range: 1,295 to 1,421 £/sqm

Valuation Office Agency for the Cairngorms National Park Authority, Market Value Report, affordable housing viability (2 October 2024): Average build costs adopted between the BCIS lower quartile and mean for the local authorities containing each site. We found no public document reprinting BCIS quartiles for Scotland; this range covers rural national park sites and publishes no median.

GDV working band

Resale GDV 250 to 470 £/sqft (low to high). Mid 320 £/sqft. Sense-check against current Land Registry Price Paid postcode-area aggregates before committing a bid.

LBTT and ADS apply; NPF4 viability tests differ from NPPF.

LBTT and ADS

  • LBTT (Revenue Scotland) replaces SDLT. ADS adds 8 percent on residential buys above £40,000 for companies and second-property buyers.
  • Edinburgh anchors the upper band; Glasgow and Aberdeen sit lower.

NPF4

  • National Planning Framework 4 (Scottish Government) sets the viability test.
  • Differs from NPPF in emphasis on infrastructure-first delivery and 20-minute neighbourhoods.

Open the workbench with these rates

Inputs
MAX LAND BID£0At 20% profit on cost, 9 units, 950 sqft GIA each.
ABORT
GDV£2,325,600
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£1,511,640
PoC-6.3%
PoGDV-6.7%
LTC60.9%
Sensitivity (PoC %)
Build -5%Build +5%Build +10%Build +15%Build +20%
GDV -15%-16%-24%-27%-30%-33%
GDV -10%-11%-19%-23%-26%-29%
GDV -5%-7%-15%-19%-22%-25%
GDV 0%-2%-11%-14%-18%-21%
GDV +5%3%-6%-10%-14%-17%

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.