The compilation methods of building price indices in Britain a critical review
Language: English Series: Construction Management and Economics ; 26 July-September 2008, 693-705 (13)Publication details: 2008Subject(s): Summary: Reviews the compilation methods of building prices in Britain. Reports that the indices used usually fail to measure the mechanical and electrical services. They do not estimate the tender price movements of new building works not procured through the lump sum Bills of Quantities route. Presents an improved version of the current method and the hedonic price index method. Concludes that these areas need to be pursued and that the hedonic price index method is an interesting alternative.| Item type | Current library | Call number | Copy number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|---|
| Journal article | London Journal article | L145600 (Browse shelf(Opens below)) | 1 | Available | 145600-1001 |
Reviews the compilation methods of building prices in Britain. Reports that the indices used usually fail to measure the mechanical and electrical services. They do not estimate the tender price movements of new building works not procured through the lump sum Bills of Quantities route. Presents an improved version of the current method and the hedonic price index method. Concludes that these areas need to be pursued and that the hedonic price index method is an interesting alternative.