Many people want to build their own house rather than buy a new home or second-hand one. Building a house from scratch offers plenty of room for customisation. A self-build project allows you to get your dream house. The question is - how much does it cost to build a house from scratch? Let’s get insights into construction costs to find out the building cost of a new home.
You have to be financially ready for home building and set the budget for a project in advance. There are different types of costs in building a house from scratch.
First of all, you need to buy a plot of land and get planning permission. The value of building plots mainly depends on the location of land and the type of self-build plot. You need to buy a site of 0.15 acre to build a 4 bedroom house in the UK and on average this size of a plot of land costs £67,500.
Sometimes, it’s necessary to demolish an old house before building a new one. The cost depends on the size of the house. Demolition costs range from £5,000 to £10,000.
The cost of a foundation depends on the size of a house that you are going to build, the type of foundation and the ground conditions.
The cost of exterior house claddings is about 5% of the total build cost. It depends on external cladding materials and construction work. The price of cladding materials ranges between £25 per m² and £75 per m².
Several factors affect roof costs. These include the amount of roof space, price of roofing material, roof beams and labour construction costs. The cost per square metre on roofing materials ranges from £20 to £80.
Flooring materials, the floor area as well as the price you have to pay builders for floor installation determine the cost of installing floors in a house.
The cost of floors ranges from £20 to £60 per square metre. Floor installation costs from £4 - £6 to £30 per square metre.
There is a direct link between wall construction costs and finish materials. High-end house builders in London use such finish options as emulsion paint, wallpaper and tiling.
On average, it costs £14,080 to build walls in a kitchen and bathroom. Build cost of walls in the living room is £17,600 and in a bedroom is £21,200.
Builders choose to use emulsion paint as well as fine gypsum plaster to finish ceilings. You should set a budget of £3,700 for a ceiling.
Wiring costs are different depending on the size of a project. You have to budget approximately £3,000 - £5,000 for wiring a house.
A new bathroom of a small size costs about £1,400. Bigger projects are more expensive and cost up to £5,000.
On average, you have to pay between £5,000 and £6,000 to build a standard kitchen. The luxury kitchen is more expensive.
When building your own house, you have to buy land, building materials and pay for labour costs. Construction companies usually provide their clients with an estimate. What are the additional expenses? It’s one of the questions to ask a builder before getting started with a project.
The project involves additional fees such as architect and design fees, planning application fees, vat, land transaction tax, stamp duty land tax (also known as sdlt rates), drawings for building control, building regulations fees, quantity surveyor fees, etc.
If you are planning to build your house in the mining region, then you also need to get a site survey done for your project. Ask the local planning department to provide you with detailed information on site surveys and quotes.
The location has a big impact on build costs. The cost of building a new house in London is more expensive than in other cities of the country.
Build quality is another factor that affects the construction cost. There are different quality levels such as standard quality, high quality and luxury quality levels. It’s more expensive to build homes of luxury quality.
According to building service quotes, the average cost to build a house ranges from £1,250 to £3,500 per square metre + vat. It all depends on the number of bedrooms in your house. DIY project is much cheaper.
It costs approximately £318,250.00 - £477,375.00 to build a 5 bedroom house in the UK.
It would cost you approximately £294,500.00 to £441,750.00 to build a 4 bedroom house from scratch.
It costs approximately £242,250.00 to £363,375.00 to build a 3 bedroom house UK.
It costs approximately £187,625.00 to £281,437.00 to build a 2 bedroom house UK
It’s cheaper to build a house from scratch in London than to buy a new one. This way, you’ll get your dream house that meets your requirements. On the other hand, things may not go as planned. That’s why building an own house involves some risks. It’s safer to buy an existing house than design and build one. Things will go smoothly if you deal with a reliable building team. In this case, you’ll have no problems and constructing an own house would be a better option. Each option has its own pros and cons. Analyse both options carefully and make a smart choice. Get in touch with a professional tradesman to get building service quotes!