Gross development value (GDV) calculator
Estimate the gross development value of your scheme, and the indicative development exit loan it supports at 70 to 75 percent of GDV.
- Residential sales£0
- Other revenue£0
- Indicative loan at 70% GDV£0
- Indicative loan at 75% GDV£0
Indicative only. A valuer sets the GDV a lender will use. Not an offer of finance.
GDV calculator: common questions
How do you calculate gross development value?
Gross development value is the total open market value a completed scheme is expected to sell for. For a residential scheme it is the number of units multiplied by the average sale price per unit, plus any other revenue such as commercial space, ground rents or parking. It is a gross figure, before costs, fees, finance or developer profit are deducted.
What is the difference between GDV and NDV?
Gross development value is the total sales value of the finished scheme. Net development value (NDV) is GDV after selling costs such as agent and legal fees. Lenders size a development exit against GDV, while a developer's residual land value and profit work off NDV. See our net development value guide for the detail.
Why does GDV matter for development exit finance?
A development exit bridge is sized as a percentage of GDV, commonly up to 70 to 75 percent, so GDV sets your borrowing headroom. A realistic, evidenced GDV is what a valuer and a lender will underwrite, so an optimistic GDV rarely translates into a larger loan. Figures are indicative and not an offer of finance.
Related
Development exit calculator
Size the full exit bridge: net advance, equity released and monthly saving.
Open →GDV explained
What GDV is, how valuers assess it, and how it differs from net development value.
Read →Net development value
GDV after selling costs, and why it drives land value and profit.
Read →Scheme ready to exit?
Send us the numbers and we will model the achievable loan and come back within one working day.