Home Extension & Renovation Cost Index
Our calculations show the costs of a typical major home renovation project increased just 0.07% during August 2013, bringing the total rise for the past 12 months to 5.18%.
As at 31st August the HERC Index therefore stands at 105.4.
Readers should note that the August increase is derived from a review of our pricing formulae, i.e. not because of price changes to inputs.