New dwellings; output price indices building costs 2000 = 100, since 1914

Table description


The historical series 'New dwellings; output price indices building costs 2000=100, since 1914' shows cost developments of residential building through time and has become available by linking series which were calculated separately in the past.

From 1914 up to and including the 4th quarter of 1991, the indices are based on the analysis of council housing data carried out by the Ministry of Housing, Spatial Planning and the Environment.
Subsequently, until 1995, index figures are based on the number of building permits issued in the council housing sector. Since 1995, they are based on data from building permits of all dwellings.

Data available from:
Data including VAT are available from 1914 and excluding VAT from 1969.
In the historical series, annual figures are only available for the period 1914-1949. From 1950 onwards, quarterly figures are also available.

Status of the figures:
The historical series with base year 2000=100 was calculated for the first time in January 2010. Because the historical series 2000=100 is calculated by linking successive, independent series, it is in fact an estimate.
Price differences as a result of changes in realisation and quality are eliminated as much as possible within the original series. The figures remain preliminary four quarters before they become definite.

Changes as of 29th September 2020:
The figures of the 2nd quarter of 2019 are modified into definitive figures. Furthermore, the figures of the 2nd quarter of 2020 are added to the database. Provisional figures could be subject to change.

When will new figures become available?
Provisional figures for the 3rd quarter of 2020 will be released in December 2020.

Description topics

Price index building costs VAT included
The price indices in this series are including sales tax until 1968;
subsequently they are VAT-inclusive. Sales tax and VAT are not
distinguished.
For the historical series 2000=100 including VAT, only annual figures
are available for the period 1914-1949. From 1950 onwards, quarterly
figures are also available.
Until reference year 1992, the series is solely based on contract sums of
council houses, subsequently up to and including 1994 on the contract
sums of the entire social rental sector. Since 1995, the indices are based
on the contract sums of all dwellings.
Within the original series, price differences as a result of changes in
realisation and quality are eliminated as much as possible.
Indices
Changes compared to one year earlier
Quarterly changes are calculated on the basis of four quarters previously.
Annual changes are calculated on the basis of one year previously.
Price index building costs VAT excluded
In the historical series 2000=100 excluding VAT, quarterly and annual
figures are available from 1969 onwards.
Until reference year 1992, the series is solely based on contract sums of
council houses, subsequently up to and including 1994 on the contract
sums of the entire social rental sector. Since 1995, the indices are based
on the contract sums of all dwellings. Within the original series, price
differences as a result of changes in realisation and quality are
eliminated as much as possible.
Indices
Changes compared to one year earlier
Quarterly changes are calculated on the basis of four quarters previously.
Annual changes are calculated on the basis of one year previously.