From 2015 to 2024, the construction output prices of public and private housing increased by ***** percent in the United Kingdom (UK). Meanwhile, the prices of industrial buildings increased by ***** percent during that period, and infrastructure prices by ***** percent. Housing and industrial are the segments that increased the most during that period. Balfour Beatty ranked in the past years as the construction firm with the largest revenue in the UK.

Construction Output Price Indices (OPIs) from January 2014 to September 2025, UK. Summary

The construction output price in the United Kingdom has reached an annual growth rate of *** percent in June 2025 compared to the same month of the previous year. Construction costs had been increasing at a lower rate than in 2022 and 2023, but started rising again slowly in late 2024. The year-over-year growth rate was over ** percent in May and July 2022. Public and private housing was the construction segment with the highest output price increase. How have material costs developed over the years? Several factors influence construction material costs, including supply and demand, regulatory requirements, and transportation logistics. Manufacturing efficiency and global trade policies also play a big part, along with economic factors like inflation and currency fluctuations. In June 2022, the price of construction materials for new houses in the UK were ** percent higher than in 2015. What is the largest component of those costs? Labor costs are often one of the largest expenses in construction projects. That is due to the skilled nature of the work, which has a high demand for specialized trades. The construction sector's labor costs accounted for around ** percent of the sector's earnings in the United Kingdom in 2024. In the past years, the size of labor costs as a share of the construction sector have increased slightly, but they were still lower than in before 2014. As of June 2025, the construction output price growth rate has been revised to *** percent.

This dataset contains the indices of UK hourly Construction Wage Costs (quarterly; not seasonally adjusted; 2000 = 100) and UK Construction Material Prices for New Housing, Other New Work, Repair and Maintenance, and All Work (monthly; 2010 = 100).

Material costs for new non-residential construction in the United Kingdom grew by almost ** percent between 2015 and June 2022. The annual average prices of construction materials used for repairs, new housing, and other new construction work increased at a similar pace during that period. By June 2022, the aggregate prices of materials soared for all types of construction work.

The output price of non-housing repair and maintenance in the United Kingdom increased by **** percent in 2024. The cost of repairing and maintaining non-residential buildings and infrastructures increased at a particularly fast rate between 2021 and 2023, with the growth rate reaching **** percent in 2022. Overall, the output price of the maintenance of these types of structures has increased every year between 2015 and 2024.

Explore the Nationwide House Price Index (HPI) — one of the UK's most trusted measures of housing market performance. View interactive charts, monthly data, and long-term property price trends from Nationwide Building Society.

United Kingdom Construction Material Price Index: New Housing data was reported at 122.200 2010=100 in Oct 2018. This records an increase from the previous number of 122.000 2010=100 for Sep 2018. United Kingdom Construction Material Price Index: New Housing data is updated monthly, averaging 107.950 2010=100 from Jan 2008 (Median) to Oct 2018, with 130 observations. The data reached an all-time high of 122.200 2010=100 in Oct 2018 and a record low of 90.600 2010=100 in Jan 2008. United Kingdom Construction Material Price Index: New Housing data remains active status in CEIC and is reported by Department for Business, Innovation and Skills. The data is categorized under Global Database’s United Kingdom – Table UK.I028: Construction Material Price Index: 2010=100.

Building materials made of steel, copper and other metals had some of the highest price growth rates in the U.S. in the first half of 2025 in comparison to the previous year. The growth rate of the cost of several construction materials was slightly lower than in late 2024. It is important to note, though, that the figures provided are Producer Price Indices, which cover production within the United States, but do not include imports or tariffs. This might matter for lumber, as Canada's wood production is normally large enough that the U.S. can import it from its neighboring country. Construction material prices in the United Kingdom Similarly to these trends in the U.S., at that time the price growth rate of construction materials in the UK were generally lower 2024 than in 2023. Nevertheless, the cost of some construction materials in the UK still rose that year, with several of those items reaching price growth rates of over **** percent. Considering that those materials make up a very big share of the costs incurred for a construction project, those developments may also have affected the average construction output price in the UK. Construction material shortages during the COVID-19 pandemic During the first years of the COVID-19 pandemic, there often were supply problems and material shortages, which created instability in the construction market. According to a survey among construction contractors, the construction materials most affected by shortages in the U.S. during most of 2021 were steel and lumber. This was also a problem on the other side of the Atlantic: The share of building construction companies experiencing shortages in Germany soared between March and June 2021, staying at high levels for over a year. Meanwhile, the shortage of material or equipment was one of the main factors limiting the building activity in France in June 2022.

View monthly updates and historical trends for UK Consumer Price Index: Furniture, Houshold Equipment, and Routine House Repair. from United Kingdom. Sour…

United Kingdom NCI: sa: New Construction Housing: Private data was reported at 59.509 2000=100 in Dec 2008. This records an increase from the previous number of 54.655 2000=100 for Nov 2008. United Kingdom NCI: sa: New Construction Housing: Private data is updated monthly, averaging 130.795 2000=100 from Mar 2004 (Median) to Dec 2008, with 58 observations. The data reached an all-time high of 167.737 2000=100 in Jun 2006 and a record low of 44.559 2000=100 in Aug 2008. United Kingdom NCI: sa: New Construction Housing: Private data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.EA009: New Construction Order Volume Index: 2000 Price.

United Kingdom NCO: Vol Index: sa: New Construction Housing: Private data was reported at 78.600 2005=100 in Jun 2018. This records a decrease from the previous number of 99.300 2005=100 for Mar 2018. United Kingdom NCO: Vol Index: sa: New Construction Housing: Private data is updated quarterly, averaging 86.900 2005=100 from Mar 1964 (Median) to Jun 2018, with 218 observations. The data reached an all-time high of 237.000 2005=100 in Mar 1973 and a record low of 28.800 2005=100 in Mar 2009. United Kingdom NCO: Vol Index: sa: New Construction Housing: Private data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.EA007: New Construction Order Volume Index: 2005 Price.

建筑材料价格指数：新增住房在10-01-2018达122.2002010=100，相较于09-01-2018的122.0002010=100有所增长。建筑材料价格指数：新增住房数据按月更新，01-01-2008至10-01-2018期间平均值为107.9502010=100，共130份观测结果。该数据的历史最高值出现于10-01-2018，达122.2002010=100，而历史最低值则出现于01-01-2008，为90.6002010=100。CEIC提供的建筑材料价格指数：新增住房数据处于定期更新的状态，数据来源于Department for Business, Innovation and Skills，数据归类于全球数据库的英国 – 表 UK.I028：建筑材料价格指数：2010年=100。