The question of how crime rates affect property values is a common one, and understanding the situation in Bolsover requires a closer look at the available data. The short answer is that while crime rates can impact property values, Bolsover's figures present a somewhat nuanced picture.
Bolsover, a Local Authority District (LAD) with a population of 83,773, currently has a crime rate of 83.6 incidents per 1,000 residents. This is marginally lower than the UK average of 91.6 incidents per 1,000. It’s important to remember that crime statistics represent reported incidents and don’t necessarily reflect the perceived safety of an area. Bolsover’s safety score stands at 80 out of 100, also higher than the UK average of 79. This suggests a generally perceived sense of safety.
Delving deeper, the property crime rate in Bolsover is 24.5 incidents per 1,000 residents. This figure is a key indicator for many potential homebuyers, as property crime directly impacts the security and potential costs associated with owning a home. Higher property crime rates often correlate with lower property values, as buyers factor in the risk of theft or damage. However, the relationship isn't always straightforward. Factors such as the type of property, its location within Bolsover, and broader economic conditions all play a role.
It’s vital to avoid broad generalisations. Crime rates can vary significantly between different neighbourhoods within Bolsover. Some areas might experience higher crime rates than others, which would likely have a more localised impact on property values. Furthermore, the perception of safety, influenced by factors beyond just crime statistics, can also affect prices. A well-maintained community, good schools, and local amenities can all positively influence property values even in areas with slightly higher crime rates.
Ultimately, potential buyers should consider Bolsover's overall crime rate – lower than the UK average – alongside the safety score and property crime rate, and crucially, research specific locations within the district to form a comprehensive assessment.