How much are London storage costs in 2021?

Self-storage industry is one of the few industries that was growing during the pandemic and already have services of different shapes and forms. So it became more challenging to answer the question directly without any “but”. Self storage is very handy when you are moving out, not sure where will you move in the upcoming year after your summer break or when you just have too much items at your place.

In this article, we will help you to figure out the costs of the service, that is very popular for it hidden fees. Your goal is to find the self-storage company in London that is transparent and trustworthy. 

How much does self storage cost?

When you start searching for self-storage, your journey will begin from no-obligation quotes with different options depending on your needs. Initially, we highly recommend to measure the items you are planning to store, the approximate numbers would help you enough to choose the right size, otherwise you will end up with too many different numbers in your head.

Here are some examples of average costs in London:

The average storage costs for 20 square feet are about £30 for a week, £120 for a month, and around £1,440 for a year.

The average storage costs for 50 square feet are about £45 for a week, £180 for a month, and around £2,160 for a year.

The average storage costs for 100 square feet are about £80 for a week, £320 for a month, and around £3,840 for a year.

However, we highly recommend to check with storage facilities near you, as prices are dramatically effected by the area. Another factor you need to consider is the terms and conditions of your contract. At Smartroom, you rates are fixed for a year, however, in most of the self-storage companies in London the rates can be changed every 4 weeks with a prior notice. We do not agree with such a policy, as the services are new for many people, and companies use it for their advantage. Prices have dramatically increased in the past 5 years, as the real estate in general, which also effected the level of service customers receive.

Main factors that affect the cost of self storage

As we mentioned earlier, prices differ across different regions of the UK. They even dramatically different inside of the city. For example, on average self-storage facility in Fulham is 20% more expensive than self-storage facility in Wimbledon.

Here are the main things you need to be aware off that will include in your storage budget:

  • Packing materials
  • Length of storage period
  • Size of storage unit
  • Insurance fee
  • Collection and delivery fee

Storage costs for studio accommodation

Many self storage companies like Smartroom storage have fixed rates for student accommodations, as first year students do not usually store their furniture in their self storage facilities in London. The average estimate for student accommodation is 20 square feet. The average storage costs for 20 square feet are about £30 for a week, £120 for a month, and around £1,440 for a year.

Storage costs for one bedroom apartment

Smartroom highly recommends to estimate the size of the items you are planning to store, the reason is the furniture, as all sofas are different sizes. So if you are planning to store few furniture, boxes, staircases and home utilities like hoover than we recommend to aim for 50 square feet storage size. The average storage costs for 50 square feet are about £45 for a week, £180 for a month, and around £2,160 for a year.

Storage costs for two bedroom apartment

Smartroom met clients who live in two bedroom apartments on their own or couple living with a child living in a two bedroom apartment. That’s why is important to estimate the size of the items you are planning to store. Try to only store what you are planning to use in the future and consider donation for the rest of the items. Smartroom can deliver your items to donation centres for you. If you are planning to store furniture, boxes, staircases and home utilise than plan to have 100 square feet. The average storage costs for 100 square feet are about £80 for a week, £320 for a month, and around £3,840 for a year.

Cost of furniture storage

It is very inefficient to store furniture, as you can not put them on top of each other in the storage. For 2,3 or 4 bedroom apartments, only the furniture will need around 100 square feet. The average storage costs for 100 square feet are about £80 for a week, £320 for a month, and around £3,840 for a year.

How much storage space do I need?

Smartroom prepared this guide for you, to estimate which storage unit do you need for your items. Our golden rule is to roughly estimate the size of your items and add 5 square feet and you will never miss it.

12 square feet – Contents of a telephone box sized area, ideal for holding household items like hoover and 7 large boxes. Smartroom recommends to use this storage unit for items that you use seasonally.

20 square feet – Contents of A double wardrobe, ideal for holding 2 pieces of furniture and 9 large boxes. Smartroom recommends to use this storage unit for items that you use seasonally or occasionally.

30 square feet  – Contents of post van sized vehicle or small closet size, ideal for holding 3 pieces of furniture and 15 large boxes. Smartroom recommends to use this storage unit for items that you use seasonally or occasionally.

50 square feet  – Contents of a transit van or walk-in closet, ideal for holding 6 pieces of furniture and 30 large boxes. Smartroom recommends to use this storage unit for items that you use seasonally or if you have furniture you are planning to sell. It takes on average 1 month to sell the furniture in London.

75 square feet – Contents of a 2 bedroom house, ideal for holding 9 pieces of furniture and 40 large boxes. Smartroom recommends to use this storage unit for items that you use seasonally or if you have furniture you are planning to sell. It takes on average 1 month to sell the furniture in London.

100 square feet – Contents of 2 Transit vans, ideal for holding 13 pieces of furniture and 55 large boxes. Smartroom recommends to use this storage unit for items that you use seasonally or if you have furniture you are planning to sell. It takes on average 1 month to sell the furniture in London.

200 square feet – Contents of a double garage, ideal for holding 17 pieces of furniture and 110 large boxes. Smartroom recommends to use this storage unit for items that you use seasonally or if you have furniture you are planning to sell. It takes on average 1 month to sell the furniture in London.

Useful self storage checklist

  • When calculating the costs, always ask for all the fees like insurance, locker and other expenses.
  • Consider all the factors that storage facilities provide like opening times.
  • Do not rush to choose the storage facility, make sure you consider all factors.

More detailed self-storage tips can be found below:

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