The compilation methods of building price indices in Britain a critical review
Yu, Marco K. W.
The compilation methods of building price indices in Britain a critical review - 2008 - Construction Management and Economics 26 July-September 2008, 693-705 (13) .
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.
United Kingdom--
The compilation methods of building price indices in Britain a critical review - 2008 - Construction Management and Economics 26 July-September 2008, 693-705 (13) .
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.
United Kingdom--