Buildings in the background of a crane

Naismiths Analytics

Cost forecasting tool

Naismiths Analytics is an advanced solution to the existing platforms relied on by the industry. While other options can be hampered by unreliable cost prediction models based on limited or dated information, our platform delivers data analysis, visualisation and benchmarking based on live and historical data for individual projects and large portfolios alike.

Simulate scenarios and stress-test key variables with bespoke, digestible reports and get a 360-degree view of all potential risk factors so that you can make commercial decisions with confidence. Our market-leading platform enables accurate cost prediction models and reports that are clear and concise to cut through the complexity of the industry.

How does the platform work?

Our intuitive interface allows users to input and track all the key data needed for a property development project. Information is stored in a secure, cloud-based SQL database which allows for clear, standardised reporting and analysis.

The platform uses application programme interfaces, (APIs), to pull in information from external data sources to support your reporting and a cost dataset to allow accurate cost benchmarking.

Our programme allows users to quantify the technical risk associated with a project and draws on historical data from thousands of projects to identify ‘abnormal’ features that may impact cost, risk and programme duration.

The in-built technical library on construction projects enables early-stage advice and cost implications of key design features. Monitor key parties within the supply chain and get updates in real time to help inform where action or support is needed.

What does our platform provide?

  • Accurate benchmarking and cost data
  • Bespoke reports
  • Interactive dashboards
  • Assessment of project performance
  • Secure data storage
  • Built-in development appraisal tools
  • Quantification of risk

Who does our data support?

  • Developers
  • Investors
  • Agents
  • Lenders
  • RICS
  • Anyone in need of build cost data
Naismiths Staff in Birmingham

Talk to us about your future projects and find out how our data can support you

What our clients say…

Royal Pharmaceutical Society logo

Naismiths provided expert project management and technical support in defect remediation and dispute resolution matters to conclude a long-running distressed project, which included a successful defence to an Adjudication.

The team worked closely with our legal team to provide clarity, direction and insight across an array of complex technical matters, incrementally de-risking our position and finally concluding in a settlement very much in favour of the client.

Simon RedmanDirector of Finance & Corporate ServicesRoyal Pharmaceutical Society
Burrington Estates logo

Burrington Estates has worked closely with Naismiths across a number of our residential developments in the South West, providing our senior and junior lenders with robust analysis and detailed initial/progress reports to support their ongoing funding of the business.

The Naismiths team have been a pleasure to work with over the years, their professional and diligent approach to surveying facilitating a strong working relationship. Their in-depth knowledge of the housebuilding industry, meticulous reports and timely site visits, provide both Burrington Estates and our funders with comfort that our developments are on track and work has been completed to a high standard. We look forward to working with Naismiths on many future developments.

Richard GibbonsCorporate Finance DirectorBurrington Estates
Elevate Property Group logo

Naismiths has unquestionably been our astute and dependable partner in delivering this scheme, with this completion heavily reliant upon its expertise for the eventual successful outcome.

The team have been meticulous in the contract administration elements, as well as being consistently honest and informative in its approach to communication.

We will confidently embark on future projects with Naismiths by our side.

Steve DoddManaging DirectorElevate Property Group

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