Guide

Locked vs unlocked: does network lock change your iPhone’s trade-in value?

By the PhoneTradeIn team · Published 10 October 2026 · Prices as of 18 October 2026

It depends on the store. Comparing the same iPhone, storage and condition, CeX paid a median 14% less for a network-locked handset, while Currys quoted the same price 100% of the time. Back Market does not ask about network at all.

How to check if your iPhone is unlocked

Go to Settings → General → About and look at Carrier Lock (called Network Provider Lock on some versions). “No SIM restrictions” means it is unlocked. Anything else means it is tied to a network.

What each store does with a locked iPhone

StoreAsks about network?Locked vs unlocked price
CeXYes, per networkMedian 14% lower (429 comparisons)
CurrysYes, per networkSame price in 100% of 2807 comparisons
Back MarketNoOne price for any network
Argos, Assurant, giffgaff—We collect their unlocked prices

Should you unlock before selling?

UK networks have not been allowed to sell newly locked phones since December 2021, and they will unlock older ones on request — usually free. If your iPhone is locked and your best offer comes from a store that discounts locked handsets, it is worth asking your network to unlock it first. Otherwise, a store that ignores network lock may simply be the better choice.

Compare prices for your iPhone — pick your network in the comparison to see what each store pays.

Figures from 6,542 prices collected between 29 July 2026 and 18 October 2026 from each store's own trade-in tool. CeX prices are the cash figure.