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Verisk Industry Trends for October 2021

Verisk's Pricing Data

LONDON, United Kingdom — 12 October 2021 —

  • Labour research has indicated that labour prices for Plumbers has increased by 6% and General Labourers by 4%.
    • The largest wage increases were observed in the South West of England.
  • Material prices have increased, particularly timber and sealants.
    • The cost of timber on average has increased by 34%
    • The cost of sealants on average has increased by 12%
  • Please note, no items were deleted this quarter.

Read Xactware’s exclusive analysis on material and labour pricing throughout the U.K., as well as special industry considerations moving forward.

Please contact the UK pricing team if you would like to discuss any of the changes listed in this document contact us at ukpricing@xactware.com.

New items added in October 2021D price list release

Code

Description

Unit

SBSCKP+

Crack repair - Plaster - Up to 75mm - W/Exp metal lath

Linear metre (LM)

Modified items in October 2021D price list release

Code

Description

Comments

FENGVBD

Gravel board

Changes to item description

FENWDFCP12

Wood fence - Lap/closed - 1200mm high - Concrete post

Changes to item notes

FENWDFCP18

Wood fence - Lap/closed - 1800mm high - Concrete post

Changes to item notes

FENWDFCP9

Wood fence - Lap/closed - 900mm high - Concrete post

Changes to item notes

FENWDFECP8

Wood fence - Featheredge - 1800mm high - Concrete post

Changes to item notes

FENWDFTP12

Wood fence - Lap/closed - 1200mm high - With timber post

Changes to item notes

FENWDFTP18

Wood fence - Lap/closed - 1800mm high - With timber post

Changes to item notes

FENWDFTP9

Wood fence - Lap/closed - 900mm high - With timber post

Changes to item notes

JNFARRIS

Arris rail - 75 x 75mm

Changes to item notes

Local Market Conditions

Xactware makes every effort to ensure pricing information contained in the most recent update represents market costs at the time of publication. Since actual market prices can vary and may change rapidly, and since many factors can affect the cost of a project (including—but not limited to—labour, plant, and material costs as well as the rates and application of VAT), we strongly recommend customers monitor their local markets for any such changes and adjust their estimate pricing as deemed appropriate.

Pricing Feedback

Please report any price changes to Xactware as soon as possible. We will then adjust any information that can be independently verified for inclusion in future price list publications. You can submit pricing feedback online or via email to Xactware’s pricing team at:

Conditions Downloading a price list in Xactimate

If you are a registered Xactimate user, you can download price lists in four steps:

  • In Xactimate, select Price List tab in the main dashboard,
  • Select Request Price List(s) on the menu bar.
  • From the “Request Price List” window, enter the country, region, and area for the price list you would like to download.
  • After making your selections, select Download.

A window will appear advising you the price lists have been downloaded and are now available for use in Xactimate.