Whether you’re planning to go travelling for a year, are moving to the other side of the country, or are downsizing and don’t have the space or ability to take all of your stuff with you, a storage unit facility is a great way to ensure your personal possessions stay safe until you can have them back with you again.
In this guide, we look at:
- How much a storage unit costs
- What affects the cost of a storage unit
- How to save money on a storage unit
- How to find the best storage for you
No matter what your reasons for looking into self-storage as an option for your things, then this guide is going to give a complete, in-depth breakdown of all the costs involved in using a self-storage unit and what to expect from one.
How Much Does a Storage Unit Cost?
With so many storage units all over the country, they will all have quite different price ranges, and some will also offer extra services included in their storage options.
To save you from having to search through multiple companies individually, the following tables are going to provide you with a breakdown of some of the costs you can expect from a storage unit when you hire one.
|Size of Storage||Estimated Weekly Cost||Estimated Monthly Cost||Estimated Annual Cost|
|50 square feet||£20 to £25||£90 to £95||£1,150 to £1,170|
|100 square feet||£40 to £45||£190 to £200||£2,310 to £2,330|
|150 square feet||£65 to £70||£280 to £300||£3,465 to £3,485|
|200 square feet||£85 to £90||£380 to £400||£4,620 to £4,640|
As you can see from the above table, there is quite a large variation in pricing for storage units, and these all depend on different things.
For example, to rent a 50 square feet storage unit will have an average weekly cost of between £20 to £25, which is £90 to £95 per month, or £1,150 to £1,170 per year.
If you’re looking for a bigger unit, you could find yourself paying anywhere from £40 to £45 per week, which is £190 to £200 per month, or £2,310 to £2,330 per year for 100 square feet. This, then, of course, gets higher as you need more space.
A storage unit of 150 square feet is likely to cost from £65 to £70, £280 to £300 per month and £3,465 to £3,485 per year.
200 square feet storage units will see prices rise to £85 to £90 per week, which is £380 to £400 per month and £4,620 to £4,640 per year.
Since there are so many different things that will determine the cost of what you pay for your storage unit, it’s always best to start by getting a quote. If you’re looking for a more budget option, we would recommend looking at smaller storage units of between 50 to 100 feet as these are likely to be substantially cheaper than the range of costs attributed to larger storage units.
At HouseholdQuotes, you can find reputable storage units in your area and potentially save up to 40% on your project quote.
What Affects the Cost of a Storage Unit?
The table above provides an overview of some of the pricing you can expect when hiring a storage unit, but what are the factors that help companies arrive at these numbers when coming up with their prices?
As it turns out, there are a large number of factors that affect the cost of storage units, and in this next section, we’re going to break them down in more detail for you.
The Size of the Unit
Understandably, one of the biggest factors to affect the cost of a storage unit is going to be the size of the unit itself. The more space you need, the more you’ll be expected to pay.
As you see from the tables above, in some places, you’ll be paying £90 per week (£400 per month in some places for a 200 square feet storage unit.
The Length of Time the Unit Is Used
Another big factor in pricing for a storage unit is how long you need it. Although some places may be able to give discounts for longer-term use, it stands to reason that the longer you’ll be using something, the more you’re going to pay for it.
Additional Unit Facilities
Since each person who uses a storage unit will have different needs, you may be quoted a different price depending on what you require.For example, do you require other services or facilities above and beyond the renting of just the unit itself? If so, you’ll pay more for these if they weren’t included in the package you bought.
We’ll take a look at what additional unit facilities are offered with some of the more expensive storage units.
Nowadays many storage unit companies try to package up their services as much as possible to provide more value to their customers, and some of these will include things like padlocks.
However, not all companies offer this. In some cases, you will be expected to provide your own padlock for your unit, which can affect the price you’ll pay.
As a standard, all self-storage companies are required through their insurance to provide security of a certain level to ensure that the items being held there are safe.
This, of course, is something that has to be paid for, so will factor into the price you pay.
Personnel or CCTV
Depending on the type of security your facility uses, the costs will be affected by this. For example, having manned security on staff to keep things secure will cost a bit more than simply having CCTV that’s already been installed.
If your storage unit facility includes a forklift service, then this is something that will affect the cost, but only if it’s something you’ll be using.
In most cases, depending on the company you go with and the package you choose, you can usually opt-out of the extras you don’t need, such as a forklift service.
Covered Loading Bays
Especially in a country like the UK where the weather can be less than predictable, having a covered loading bay to load and unload your possessions in or out of your storage unit is always a welcome bonus.
For some storage companies, especially if they have only recently installed the covered loading bays, they might have to increase their prices to cover the additional costs of having this done.
Having the option to park your car or van for a bit when you’re taking things in or out of your storage unit is a selling point for most people since it’s not likely you’ll be in and out within 5 minutes, and because you’ll usually have quite a lot of things to take.
Some facilities will either charge a small fee for parking, such as a window of time covering a few hours or even a day rate, whereas others will factor the parking cost into the package they offer, and others will simply absorb the cost and not charge for it all.
As with the above examples, different storage unit companies will offer different services within their packages, and some will include additional things, whereas others will require you to pay extra for these, so this could impact the end price you’re quoted.
For any storage unit you rent, you’ll be required to pay a deposit of the final cost to secure the booking.
The deposit amount is set by each company, so it’s always worth factoring this in when looking around for quotes because you’ll find quite a large variation in these.
When using a storage unit due to a house move, you may need to hire a removal van or even a team, depending on how much stuff you have. This is going to be an extra cost that won’t be included in your storage unit, so you’ll have to budget extra for this.
Typically a removal team with two professional movers and a van will cost between £50 to £60 per hour.
When moving and putting your possessions into storage, you’ll need to ensure they’re well packaged to keep them safe and in good condition until you need them again. So, unless you have already purchased these, you’ll need packaging supplies such as boxes, tape, labels, and bubble wrap.
While some storage companies will offer these as extras in their services and will offer them a lot cheaper since you’re already working with them.
If your storage unit company doesn’t offer this, then you can usually find good deals online at places like Amazon.
Although self-storage units will be required to have insurance for the items they hold at their facility, and many will offer contents protection up to a certain value, it’s always a good idea to have your own insurance just in case anything isn’t covered or you need to store particularly high-price items.
|Location||Size of Storage||Estimated Average Weekly Cost||Estimated Monthly Cost|
|London||25 square feet||£16||£69|
|London||50 square feet||£32||£138|
|Southeast||25 square feet||£11||£48|
|Southeast||50 square feet||£22||£97|
|Scotland||25 square feet||£10||£44|
|Scotland||50 square feet||£20||£89|
|North||25 square feet||£8||£36|
|North||25 square feet||£17||£71|
|West Midlands||25 square feet||£6||£25|
|West Midlands||50 square feet||£12||£51|
As you see from the table above, the location of the storage unit you’re using will play a huge role in how much you pay.
For example, to rent a 50 square feet storage unit in Scotland would cost, on average, £20 per week, or £89 per month. Whereas, a storage unit of the same size in London would cost you £32 per week, or £138 per month.
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How Can I Save Money on a Storage Unit?
Since there are lots of variations in pricing for storage units and so many of them all over the country, there are certainly lots of ways to save some money when renting one.
In this next section, we’re going to be sharing some of the best ways you can save money on a storage unit.
Figuring out how much space you need when booking a storage unit isn’t always the easiest thing – especially when you can’t see it, but since size is one of the biggest factors influencing the price, then it’s really important to ensure you’re not paying for more than you need.
To help you with figuring out how much space you’ll need in your storage unit, here are some size comparisons.
- A two-bedroom is house usually somewhere between 100 and 125 square foot
- A three-bedroom house is usually somewhere between 125 and 150 square foot
- A four-bedroom house is usually somewhere between 150 and 175 square foot
As we’ve covered in this guide, different storage companies will offer different value, such as extras in their prices, but if you’re not going to use any of these things, then you’re paying for something you don’t need.
So, before you start getting quotes from storage companies, the best thing to do if you’re looking to save some money is to sit down and decide exactly what services you need, and what you don’t, then create yourself a budget based on that.
Comparing storage companies who offer similar packages is a good way to save money, especially once you’ve broken down what you need and what you can do without.
Different companies may have hidden costs that aren’t included in a quote, so it’s always best to compare the companies you’ve narrowed down so you can make sure you’re getting the best deal for your needs.
One of the best and easiest ways to save money on hiring a storage unit is to compare quotes to see where you’ll get the best deal.Using HouseholdQuotes, our users often find they’re able to save up to 40% on quotes compared to going direct or when using other sites.
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What Are the Advantages and Disadvantages of Using a Storage Unit?
Overall, self-storage units are a great, convenient way to make sure your possessions are in safe hands until you need them, but as with everything, there are always some pros and cons to everything.
So, to help you decide if a self-storage unit is for you, here are some of the main advantages and disadvantages of a self-storage unit.
|Store anything you need, including larger items||The more storage space you need, the more expensive it will be|
|Pay only for the space you need||Extras such as security or padlocks may cost extra|
|Access your items whenever you need to||No matter how well maintained they are, there are never guarantees from things like fires or flooding|
The biggest, and most obvious, advantage of a storage unit is that it allows you to store anything you need, including larger items. You only have to pay for the space you need, also, instead of paying more money for space that isn’t going to be used.
A storage unit also allows you to access your items whenever you need to, so you don’t need to be concerned with locking your items away forever.
Unfortunately, with storage spaces the more space you need, the more expensive it will be, which can mean that the cost of using a storage space does add up – particularly if the space is being used during a house move. You will also need to factor in the expense of additional costs such as padlocks or security.
You also need to be aware that no matter how well maintained the storage units are, there are never guarantees from things like fires or flooding, and once you put your items on site you will need to hope that they don’t get harmed.
How Do I Find a Storage Company and Unit?
If you’ve made up your mind that you want to hire a self-storage unit, then you may be wondering how to get started. To help you make this a bit easier, here are some of our top recommendations for how to find a storage company and unit that meets your needs.
Even if you don’t know anyone directly within your friend group or family who’s used a storage unit, there’s a good chance that they will know someone who has. Another way to get good recommendations for reputable storage units is to ask on social media sites like Facebook and see what places people recommend.
You can also use HouseholdQuotes to potentially save up to 40% off your project quote and find the best storage unit for you.
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Ensuring the Storage Company is the Right Fit
As with any professional service you book, doing your due diligence and making sure you’re getting the best quality for your money is a must – especially when it involves keeping your personal possessions safe.
So, in this next section, we’re sharing some of our top ways to ensure that the storage company you choose is the right fit for what you need.
When you’re searching for a self-storage unit to rent, you’re likely going to be getting quite a lot of quotes from different places, so it’s a good idea to get these in writing. Not only does it make things easier for you to look over these in your own time, but having things in writing is the best way to ensure there are no misunderstandings around price.
The self-storage company you choose should be experienced enough in what they offer to be able to provide a professional level of service to you, so make sure to check this by asking how long they’ve been in business providing self-storage.
The self-storage business is a competitive one, and most of their customers will come through word of mouth or online advertising, so maintaining a good reputation through good customer references and testimonials is crucial. Most self-storage companies will be more than happy to share this information with you, but if they’re not, it’s potentially a red flag and you should find out a bit more about them before trusting them with your possessions.
Just like with references, companies who rely on word of mouth to get new customers will love to show off what they’re capable of and how they’ve helped others, and photos are a great way to do this.
Nowadays with things like social media and the internet, it’s easier than ever for companies to display past work through photos. If they seem evasive when you ask about this or refuse to display any pictures of their storage units online, this isn’t the best sign that they’re the right company to go with.
When it comes to protecting your personal belongings inside a storage unit, then insurance is a must. All self-storage companies are required to be insured for a certain amount by law, so you’re within your rights to verify that they have this before you commit to working with them.
Using HouseholdQuotes will not only save you valuable time when it comes to finding the right storage unit, since you can get quotes at the same time and compare them easily, but it’s also a great way to save you money.
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We hope that this guide has been useful for helping you understand what exactly a self storage unit might cost, what things affect those costs, and how to shop around to ensure that you get the best deal, but also the best service so that you can feel confident that your belongings will be well looked after.
Don’t forget that by using HouseholdQuotes, many of our customers are often able to save up to 40% off their quotes compared to using other suppliers or going direct.
Frequently Asked Questions
What Is Included in the Price of a Storage Unit?
Things you often find included in the cost of a storage unit can be parking, additional security services, packaging supplies, trolleys, and even forklift services.
What Hidden Fees Should I Look Out For?
Will the Quote Given Differ In-Store and Online?
If you’re given vastly different rates for either quote without a valid reason, then you should potentially avoid working with this company as there is no reason why a quote should be more expensive simply because of how you obtained it.
What Other Storage Options Are There?
The good news is, there are definitely other storage options out there such as renting a garage, using your shed, or using a friend’s place while they’re away.
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