London is renowned for its stunning architecture, vibrant culture, and dynamic economy. But understanding the building cost per square metre is vital for anyone planning to construct a property in this illustrious city. It’s essential for accurately estimating the financial commitment involved, helping you stay within budget and make informed decisions about your project. What Affects the Building Cost Per Square Metre? Several factors can affect the building cost per square metre in London. These include: 1. Location: Within London itself, prices can vary significantly. Areas like Kensington, Chelsea, and the West End are typically more expensive than outer boroughs. 2. Construction Quality and Materials: The quality of construction and materials used greatly impact the cost. Higher-quality materials and finishes generally mean a higher cost per square metre. 3. Project Complexity: The complexity of the project is another significant factor. A straightforward, rectangula