How Much Does Self Storage Cost?

Self Storage

Whether you need to declutter your home to move house, store some belongings for an extended trip abroad, or are going to study at University for a year, there are many reasons to use self storage.

In this article, we’re going to take a look at the biggest benefits to using self storage, and the typical prices you’ll be looking at to store your belongings.

Declutter

Self-storage is a great option for when you’re looking to declutter your home, but aren’t ready to let those belongings go altogether. This is perfect if you’re renovating your home, downsizing, or need to make room for an expanding family.

Security

Self storage facilities are typically very secure places to store your belongings for a short or long term period. More often than not, a self-storage facility will offer more security than a garage or alternative private storage unit. These is because these facilities have a range of security features including CCTV, patrols, inventory lists, and more. You should check the features of the facility you consider first as they may differ from site to site.

Insurance

Storage insurance will mean your belongings will be replaced should they be stolen or damaged while stored in your unit. This insurance can often be more cost-effective than home insurance, so do your research first to see what suits your budget better.

How Much Does Self Storage Cost?

When deciding where to store your belongings, you’ll want to bear the following things in mind:

  • Good location
  • Size of unit
  • Security features
  • Convenience
  • Time
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    These features will all affect the price of your storage unit. The more secure a facility is and the more convenient they’re services, typically the higher the cost.

    Likewise, if you need self storage for an entire home as opposed to one room, you’re going to be quoted more for a bigger storage unit. However, the longer you store these belongings, the cheaper the price will be.

    Other costs

    Aside from the cost of the storage unit itself, there are other costs to consider when comparing quotes. These costs include:

    Insurance

    You must insure your belongings against damage or theft when stored in a unit. The level of cover you receive may vary depending on the premium you pay.


    Monthly vs Annual Payments

    Many businesses provide a discount for annual payments over monthly payments. If you know that you are going to need your belongings stored for a considerable amount of time, consider paying the annual fee to cut down costs.


    Transport

    Does the self-storage facility provide a transport service to get your belongings to the facility? If not, you will need to add in the additional cost to hire a moving van if required.


    Quality

    If you have a number of valuable possessions you need to put into storage, the quality of the company you go with will be an important factor. You’ll want a facility with units that are raised off the ground to avoid damage from damp or flooding, perhaps climate-controlled units, excellent security features, and limited access to the public.

    The higher the quality of self storage service, the higher price you’ll be required to pay – but for the sake of ensuring the safety of your belongings, it may be worth it.

    A UCL study provides the average prices in the following cities showing rent per month per square foot.

  • London (£52.50ft2 per month)
  • Belfast (£6.82/ft2 per month)
  • Cambridge (£4.08ft2 per month)
  • Edinburgh (£3.45ft2 per month)
  • Brighton (£3.38/ft2 per month)
  • Leicester (£3.18ft2 per month)
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    The cost of self storage depends on many variables related to both your needs and the facility that offers self storage units. The best way to get an accurate quote tailored to your requirements is to find your local self storage companies nearby, and contact them directly for a free quote for their self storage services.