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How Much Do Self Storage Units Cost?

Martha Lott

Written by Reviewed by Dave Sayce

7th Jan 2022 (Last updated on 29th Mar 2022) 6 minute read

In 2022, the average storage costs in the UK are £23.94 per square foot according to SSA’s (Self Storage Association) UK annual industry report. Self storage prices will vary and depend on the unit’s location, size of storage, length of time and the value of items you’re storing.

Data shows that 29% of us use self-storage when moving house, so it’s important we keep the costs down. In this article, we share the average costs of storage across the UK, how your quote is determined and those additional costs to watch out for.

This article will cover the following:
  1. Storage Costs by Regions
  2. What Will Affect My Quote?
  3. What's Included in the Price?
  4. Additional Costs
  5. Self Storage Alternatives
  6. Will I Be Quoted the Same Price in Store and Online?

Storage Costs by Regions

Self storage prices will vary by region. London has the most expensive rental prices, costing £33.06 per square foot, whilst the West Midlands and Wales both offer the lowest rate at £12.24.

Areas like the East Midlands and the North of England offer more affordable storage prices averaging at £15.71 and £17.10 per square foot, while the South East has the second most expensive rental rate at £23.27.

To get the best deal, it’s important to compare storage quotes online with Compare My Move, saving you time, money and stress on all your storage needs.

RegionAverage Cost Per Sq.ft

Scotland

£21.04

North England

£17.10

Yorkshire & The Humber

£18.77

East Midlands

£15.71

East of England

£23.15

London

£33.06

West Midlands & Wales

£12.24

South East

£23.27

South West

£19.53

Data taken from the SSA UK’s Annual Industry Report 2021. Please note these are just averages and your storage costs will vary depending on location, size of storage, insurance and other factors.

What Will Affect My Quote?

The total cost of your storage will depend on certain factors such as:

1. Storage unit price per sq. ft.


The storage industry offers a range of size options for your storage, from single items and locker type storage to larger options and warehouse size storage. Typically, storage companies will charge less per square foot as the units go up in size.

2. Location of storage unit

Like most services, location plays a big part in prices. Typically, the closer the storage unit is to a city centre, the more expensive it will be. If you’re looking for storage in London or the surrounding areas, then you can expect higher prices. The West Midlands and Wales are the cheapest regions to rent storage.

3. Length of rental

Your total storage costs will also depend on the length of your stay with the storage unit. Lots of companies offer introductory discounts, which is typically 50% off your first 8 weeks, making this an ideal price if you’re looking for short-term storage.

SSA data shows that 23% of domestic storage users had their storage unit for less than 3 months, with 4-6 months and 1-2 years being the second most popular length of stay. Many storage providers also offer discounts for long-term storage plans, so it’s worth comparing storage providers to find the best deals.

4. Insurance for your items

Most storage companies will make it compulsory to take out insurance for your items, either organising it for you or you have the option to sort your own. 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.

5. Level of security

Different providers will offer different levels of security. Most storage facilities have efficient lighting to make you feel at ease when visiting your storage. Usually, CCTV is included in the price as basic security, you should ask what type of surveillance they 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 insurances.

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    What's Included in the Price?

    All storage companies will offer different security and facilities, sometimes included in your quote and sometimes as add ons, so it’s important to find this out from your storage provider before committing.

    Typically included in a storage quote:

    • 24/7 access to your belongings
    • CCTV
    • Efficient lighting
    • Staff to help with deliveries
    • Use of trolleys
    • Use of forklifts
    • Free parking

    Additional Costs

    It’s important to factor in any additional costs you may pay for your storage. These may not be clear upfront so it’s vital you confirm with your provider what is included.

    • Deposit - Some storage providers ask that you pay a deposit to reserve your unit which will normally depend on the size of storage. Not all providers ask this, but some ask you to pay the first month in advance.
    • Transporting Items - It’s important to be aware that most storage providers will charge if you require your items transported from your property to the unit and won’t include this in your price.
    • Insurance - Not all home insurances will cover your storage items, so most storage companies recommend you take out insurance for your goods. For your own peace of mind, know that insuring your items will give them added protection.
    • Padlocks - Padlocks for your storage aren’t typically included in the price, but most providers can supply this for you. They usually cost around £12-£14. You may be able to use your own locks if they are compatible with the unit.
    • Packing - Most providers will offer packing materials to help you pack for storage. This isn’t essential but it can be helpful if you don’t have the time.

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    Self Storage Alternatives

    There are other self storage options to suit a range of items and needs. If you’re unsure what storage type you need, we’ve listed the most common types of self storage below and what they can store.

    1. Container storage

    Container storage units are made up of large metal containers and typically found outdoors. They’re ideal for storing larger items such as cars, garden equipment/furniture and machinery. Your items in container storage could be affected by extreme weather conditions, so this type of storage is not suitable for fragile or valuable items.

    2. Storage lockups

    Storage lockups are garage-sized storage facilities that are usually located in residential areas. They’re ideal for storing smaller and less valuable items as there is a minimal level of security. Some companies might offer extra security options, so it’s worth finding this out prior to hiring the lockup.

    3. Collection and box storage

    Collection and box storage is a service many companies offer where they’ll provide you with the boxes, pack your items and then transport them to the units for you. Your items can also be returned to you when requested for an added fee. This storage type is ideal if you don’t need regular access to your items.

    Will I Be Quoted the Same Price in Store and Online?

    Most companies are transparent with their prices and claim to have identical prices whether you book online or go in-store. Since the Covid-19 pandemic, the desire to book in-store dropped from 33% to 25%, meaning 55% of customers prefer to organise their storage needs online.

    Previously, companies used to withhold prices on their websites, but in 2020, 73% of storage websites listed prices. Data also shows that 76% of storage businesses allow customers to pay online for their units.

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    Martha Lott

    Written by Martha Lott

    Having written for Huffington Post and Film Criticism Journal, Martha now regularly researches and writes advice articles for everything moving house related.

    Dave Sayce

    Reviewed by Dave Sayce

    Owner & Managing Director, Compare My Move

    Dave Sayce is the owner and managing director of Compare My Move and has over 10 years of experience in the house removals industry.