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Venue Cost Calculator — Compare Venue Hire Costs

Estimate the total cost of venue hire including corkage, cleaning, and extras.

How We Calculate This

This calculator adds up all venue-related costs to give you the true total cost of your venue. Choosing a Venue Type pre-fills a typical UK hire figure (which you can then overwrite with your actual quote).

Formula

  • Corkage total = corkage per bottle × estimated bottles
  • Extras total = cleaning + security + corkage
  • Subtotal (ex VAT) = venue hire + extras total
  • VAT = subtotal × VAT rate (default 20%)
  • Total venue cost = subtotal + VAT
  • Cost per guest = total venue cost ÷ guests
  • Cost per hour = total venue cost ÷ hours

A refundable damage deposit is held separately: it is refunded after the event so it is not part of the headline cost, and HMRC treats a refundable security deposit as outside the scope of VAT, so no VAT is added to it. Note that bare room hire is often VAT-exempt — set the VAT Rate to 0% in Advanced Options if your booking is not bundled with catering and the venue has not opted to tax.

Frequently Asked Questions

Last updated: February 2026

All calculations are estimates. Adjust quantities based on your guests and event type.