GDV per square foot calculates the Gross Development Value of a completed property development scheme divided by the total finished floor area, expressed in square feet. This valuation metric is widely used in the UK property development finance sector to assess value density, market competitiveness, and potential returns. It provides a standardised basis for comparing projects of different scales and configurations, supporting acquisition decisions, feasibility studies, and lender assessments. This measure also assists developers in aligning pricing strategies and build specifications with prevailing market values per square foot in their target location.
This sits beneath Exit Value Metrics (GDV, Stabilised Value, Reversionary Value), introducing a more specific variant of the measure without changing its core interpretation. It is commonly considered alongside GDV per Hectare, as both are closely related measures used to assess similar aspects of performance or risk.
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