UK/London rewire pricing??

[ppelec100]

Okay so i've got a 3 bedroom house to rewire and i need to give the client a quote.
This will be my first own rewire, but i've done a few with other electricians i've worked with in the past, simple but messy. Just finished my apprenticeship too, so i'm not too bothered about making a killing off of it, i would like to get the job mainly for the experience but at a worthy price.

The house will have
29 socket points (including double/single/spurs)
11 or 12 switches (for lights)
10 basic lighting points (pendant/bulkhead)
9 downlight points
2 wall lights
1 heat and 2 smoke detectors
Ex fan + isolator /
Electric oven supply (switch and outlet connection)
A cable run and coiled up for a shed supply (when the shed is built in the future)
Electric shower supply (isolator and shower connection)
Consumer unit fit + double pole isolator
Bonding gas + water

Note: they are having the walls plastered so i don't need to make good. the fan hole is already drilled out. house is non occupied, but they are having some small works done before/while we rewire.

The price I have come up with is £3800 but I feel as if this is too low..

What would be a good price for all this work to be done?
Also any ideas/formulas on how to calculate the pricing will be much appreciated!
Also do you add a mark up percentage or anything on materials? If so how much?

 

[ppelec100]

How much per hour do you want to earn?
How many hours will the job take to complete?
Multiply those 2 figures together and add on the materials and parking charges

As it is my first rewire as my own, I am unsure how many hours it will take and if I price it this way, mentally I will feel as if I am losing out. Maybe in the future. I’m pricing per point. 50/ds/switches/wall lights - 40/pendants/smokes - 50/first downlight then 35 for every downlight after that in each room along those lines. Bit low I think but I’ll see how it goes

 

[richy3333]

I’d say you’re half what I would quote in that area, not that I am in that area.

i think a DEIC is a dangerous electrical installation certificate.

 

[Markyd]

The Electrician who is going to test and sign it off needs to be involved in the design,construction.....if he is not third party registered then he cannot sign it off........its smelling fishy also do you have the correct insurance to cover this work

 

[ppelec100]

The Electrician who is going to test and sign it off needs to be involved in the design,construction.....if he is not third party registered then he cannot sign it off........its smelling fishy also do you have the correct insurance to cover this work

But why’s that? On the installation certificate it has separate sections for the designer constructor and tester. Me being the designer and constructor and him being the tester. I will obviously run through with him how I’ve done things in terms of designing and installation where I’ve complied with regs and a normal high standard of work. I will picture/video things for him also.

Why is it smelling fishy? And what insurance would I need for this? Guessing public liability insurance? Is that compulsory? I mean I know I’m taking a slight risk without it but if it’s going to be a new install and I’m not faffing with someone’s else’s dodgy mess so there’s a slim chance anyone will be injured/shocked. The install will be tested also. There’s nothing to really damage apart from walls and floorboards. I’m not really busy on the private jobs and I’m still picking these things up as I go along so go easy on me... I’m not saying I’m never going to get the liability insurance but I barely get private jobs for me to even bother getting it.

 

[JBW175]

The benefits outweigh the cost, if it’s only for peace of mind in case something goes drastically wrong or you have a monumental balls up, get insurance.

 

[Baddegg]

As above for under £200 I wouldn’t risk working in someone else property without it....you can even pay monthly and cancel after the job if you like and at least it is in place when the works take place.......only needs someone to trip on ya tools mate...

 

[Dustydazzler]

Public liability insurance is an absolute MUST for any trades person.
£150 a year is the best investment you will make.
i put a hole through To an adjoining houses wall on a rewire and the entire room needed to re wallpapering.
the final Insurance job came to nearly 2 grand.
my insurance paid the lot and I had £0 excess policy.
best 150 I ever spent

 

[scootknew]

how much is this house worth? was it bought recently