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Verisk Industry Trends for April 2022

Verisk's Pricing Data

LONDON,United Kingdom — 06 April 2022

  • Labour research indicated wages for Carpet Fitters increased by 4.82% on average, while Scaffolders, Carpenters & Roofers increased by 2.7% on average; Plumbers wage decreased by 1.47% on average across the UK.
  • The largest increase was observed in the South East of England where wages increased by 4% on average whereas wages in the South West region of England remained unchanged throughout the quarter.
  • Diesel prices increased by 22.21% on average since last quarter.
  • Masonry prices increased by 8.38% on average followed by Second Fix Joiners by 4.94% on average.

For more information, please refer to the ‘Quarterly Construction Materials and Labour Pricing Update’ for Q1 document on our web page for comments, news and for further analysis.

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

New items added in the April 2022B price list release:

Code

Description

Unit

SBSEDPM

Epoxy DPM

M2 - Square Metre

FEECAC

PC sum - Clean air/Ultra-low Emission Zone

EA - Each

RENGMESH

Glass mesh

M2 - Square Metre

RENACLTR

Render - Accelerator - Material only

M2 - Square Metre

RENSCS

Render - Thincoat - Silicone

M2 - Square Metre

RENSDR

Render - Dry Dash - Silicone system

M2 - Square Metre

RENSRC

Render - Roughcast - Silicone system

M2 - Square Metre

RENTCMN

Render - Thincoat - Mineral

M2 - Square Metre

LITESWL-

Exterior security wall light - Standard grade

EA - Each

LITESWL

Exterior security wall light

EA - Each

LITESWL+

Exterior security wall light - High grade

EA - Each

LITESWL++

Exterior security wall light - Premium grade

EA - Each

LITESWLRF

Exterior security wall light - Remove & refit

EA - Each

XWKPCPC<

Pressed concrete paving slab - 450mm x 450mm

M2 - Square Metre

XWKPCPC

Pressed concrete paving slab - 600mm x 600mm

M2 - Square Metre

XWKPCPC>

Pressed concrete paving slab - 750mm x 600mm

M2 - Square Metre

XWKPCPC>>

Pressed concrete paving slab - 900mm x 600mm

M2 - Square Metre

 

Modified items in the April 2022B price list release:

Code

Description

Unit

CDMSCFL>

Scaffolding - Set up & take down - 8.1m -16m elevation

M2 - Square Metre

CDMSCF

Scaffold hire - Traditional (per week)

M2 - Square Metre

RENLIMR

Render - Traditional lime rendering

M2 - Square Metre

CDMAT2.2M

Mobile scaffold access tower - 2.2m working platform

WK - Week

CDMAT3.2M

Mobile scaffold access tower - 3.2m working platform

WK - Week

CDMAT4.2M

Mobile scaffold access tower - 4.2m working platform

WK - Week

CDMAT5.2M

Mobile scaffold access tower - 5.2m working platform

WK - Week

CDMAT6.2M

Mobile scaffold access tower - 6.2m working platform

WK - Week

CDMAT7.2M

Mobile scaffold access tower - 7.2m working platform

WK - Week

CDMAT8.2M

Mobile scaffold access tower - 8.2m working platform

WK - Week

Deleted items in the April 2022B price list release:

  • Please note, no items were deleted this quarter.

Local Market Conditions

Verisk 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 Verisk 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 Verisk'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.