How much do extensions, lofts and renovations cost in London in 2026?
The short answer: a single-storey extension in North London costs £2,800–£4,500 per m² to build (£70,000–£130,000 for a typical 25 m² rear extension); a loft conversion £30,000–£45,000 for a rooflight scheme, £50,000–£75,000 for a rear dormer and £65,000–£95,000 for a hip-to-gable; a whole-house renovation £1,200–£1,800 per m² at a mid-range specification and £1,800–£2,500+ at high specification; a basement £2,800–£6,500+ per m² depending on whether you are converting a cellar, lowering a floor or excavating; and a new-build house £2,400–£4,500 per m² of construction. All exclude VAT and professional fees.
What the calculator takes into account
- Project type and sub-type — a side return costs more per square metre than a rear extension because the fixed costs of structure and roof are spread over fewer metres; a double storey costs less per metre because foundations and roof serve two floors.
- Size — with a minimum project cost, because scaffold, skips, site set-up and structural openings do not shrink with the floor area.
- Level of finish — the single biggest variable. The same 25 m² box can be finished for £70,000 or £130,000.
- Features — kitchens, bathrooms, large glazing, underfloor heating, bespoke joinery, structural work, landscaping and services upgrades are added as allowances.
- Location — inner London postcodes carry higher labour, access and parking costs.
- How defined the project is — the range is wider for early-stage projects and narrower when drawings exist.
Why estimates vary between companies
Published “from £35,000” figures are usually a shell before VAT, fees, the kitchen and ground conditions. Quotations from different builders also differ in what they include (preliminaries, contingency, making good, decoration) and in the quality of what they allow for. When comparing, ask for the specification behind the number and whether VAT is included.
How to get an accurate figure
Have the site looked at before drawings are commissioned. A feasibility visit that considers the ground, the structure, the drainage and the planning route turns the ranges above into an estimate you can plan around; our process explains the stages. The cost guides linked below go deeper into each project type.