The average weekly storage unit cost is £2 per sq.ft, with the sq.ft rate reducing the larger the unit is.
There are a range of factors that impact storage costs including location, size of the unit and volume of goods. Most facilities also offer a range of optional upgrades such as extra security and packing supplies.
In this guide, we’ll take you through various storage costs dependent on the unit size and location.
Self-Storage Prices by Sq.Ft
The storage unit size is seen as a starting point to determine the price. Ranging from £1,537 to £4,412 per year, this ensures you only pay for the space you need.
Here are the average self-storage costs by sq.ft:
| Sq.Ft | 1 Week | 1 Month | 1 Year |
|---|---|---|---|
| Up to 50 sq.ft | £24 | £93 | £1,537 |
| 50 sq.ft - 75 sq.ft | £32 | £112 | £1,989 |
| 75 sq.ft - 100 sq.ft | £39 | £137 | £2,416 |
| 100 sq.ft - 150 sq.ft | £58 | £204 | £3,423 |
| 150 sq.ft - 200 sq.ft | £94 | £326 | £4,412 |
These figures have been taken from a range of storage companies across the UK and do not include the Self Storage Association (SSA) Annual Report.
The SSA’s "Return on Storage Unit Cost" is frequently quoted as average rental costs for customers; however, this is not the case. Therefore, we have not used these costs in our analysis.
Self-Storage Prices by Property Size
If you are moving house, you can calculate a cost estimate through how many bedrooms your home has. Storage companies will then base their initial quote on your property size.
Here are the average storage costs by property size:
| Property Size | 1 Week | 1 Month | 3 Months |
|---|---|---|---|
1 Bed | £29 | £119 | £328 |
2 Beds | £42 | £147 | £513 |
3 Beds | £56 | £181 | £577 |
4 Beds | £65 | £192 | £661 |
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Self-Storage Prices by Region
| Region | Cost (£) |
|---|---|
London | £64 |
South | £31 |
Midlands | £23 |
North | £24 |
Scotland | £21 |
Wales | £23 |
London units are the most expensive due to the location, with costs in Central London being £64 per week for a 50 sq.ft unit. In contrast, other parts of the UK have lower asking prices with Scotland proving to be the cheapest at £21 per week.
Average Self-Storage London Cost
Here are the average London storage costs for 20 and 50 sq.ft units:
| Length | 20 Sq.Ft Cost (£) | 50 Sq.Ft Cost (£) |
|---|---|---|
| 1 Week | £32 | £64 |
| 1 Month | £87 | £180 |
| 6 Months | £737 | £1,471 |
| 12 Months | £1,581 | £3,138 |
What's Included in the Storage Price?
Storage companies offer different security levels and facilities. This may be included in your initial quote, but some firms may view these as an upgrade and add it to your quote.
These are typically included within a general storage price:
24/7 access to your belongings
CCTV
Efficient lighting
Staff to help with deliveries
Covered loading bays
Use of trolleys and forklifts
Free parking
Our users save an average of £700 on their move
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Additional Costs to Consider
Always ask for a full breakdown of your quote as this may not include all the protection you need for your goods. Most storage companies offer upgrades at an extra cost.
Here are the most common additional fees:
| Item | Cost (£) |
|---|---|
Security Deposit | £0 to half-month rate |
Transport | Varies |
Insurance | From £13/month |
Padlocks | £13 |
Packing (10 Boxes) | £31 |
Security Deposit
Security deposits, sometimes known as rental deposits, may be required if you are a new customer. This varies depending on the monthly unit cost.
Transport
Most storage providers will charge extra if you require your items transported from your property to the unit.
Insurance
Insurance is mandatory and storage companies can often arrange this for you. The cost depends on the value of your goods, but rates start from £13/month.
Padlocks
Padlocks for your storage aren’t typically included in the price, but most providers can supply this for you. They usually cost around £10.
Packing
You can choose to purchase packing supplies to keep your belongings in the best possible condition. A pack of 10 boxes costs around £31. Alternatively, you can choose to hire a removal company that offers packing services.
What Factors Affect the Cost of a Storage Unit?
The cost of storage will depend on factors such as size and location. Below we explore what determines self-storage quotes:
Unit Size
Storage companies price their units according to size. There is typically an initial cost per sq.ft so you pay for the space you need. Most companies’ unit sizes range from as little as 10 sq.ft to 200 sq.ft allowing them to accommodate a wide range of goods.
Location
The closer the warehouse is to city centres, the more expensive the units will be. Storage costs are higher in London and the surrounding areas compared to other parts of the UK.
Length of Rental
Your total storage costs will also depend on the length of the rental. Many companies advertise introductory offers to help with self-storage prices. These discounts are typically 50% off your first 8 weeks, making this an ideal price if you’re looking for short-term storage.
Insurance
Most storage companies require you to have insurance for your items and may arrange this for you, but you can take out insurance from a lender of your choice. Your total cost of storage will also depend on the replacement value of your items, so if you have any valuable goods, expect to pay a bit more.
Level of Security
Usually, CCTV is included in the price as basic security, but you should ask what type of surveillance is on offer. For an additional cost, some may provide password-protected access where you have your own unique code. It should be noted that you’ll have to buy your own padlock and insurance.
Our users save an average of £700 on their move
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Used by over 1.5 million movers in the UK
Frequently Asked Questions:
How Much are Storage Costs for a 3-Bed House?
The average storage cost for a 3-bed house is £56 per week, £181 per month, and £577 per year.
How Much are Storage Costs for a 4-Bed House?
Storage units for 4-bed houses are around £65 per week, £192 per month, and £661 per year on average.
Is it Worth Paying Extra for Secure Storage?
State-of-the-art security systems and measures ensure the protection of your personal belongings.
