Calculating the correct re-building cost of your home can be difficult but it is essential that you insure for the full re-building cost to avoid potential problems when making insurance claims.
The market value has no direct relationship to the re-building cost.
We recommend that you use a member of the Royal Institution of Chartered Surveyors to prepare a professional Rebuilding Cost Assessment for insurance purposes. If you would like to be referred to a local surveyor, please contact a member of our private clients team.
If you are unable to do this, you could use the The Building Cost Information Service (BCIS) of the Royal Institution of Chartered Surveyors (RICS). To access this calculator, click here