The impact of crime rates on property values is a significant concern for many prospective homebuyers. In Fishbourne (Chichester), the situation presents a nuanced picture. The crime rate in Fishbourne stands at 50.9 incidents per 1,000 residents, considerably lower than the UK average of 91.6 incidents per 1,000. This lower crime rate is a positive indicator for potential property buyers.
Beyond the overall crime rate, the property crime rate in Fishbourne is also relatively low, at 14.5 incidents per 1,000 residents. This suggests a lower risk of burglaries and theft, which are often key concerns for homeowners. Coupled with this, Fishbourne boasts a safety score of 89 out of 100, exceeding the UK average of 79. A higher safety score indicates a perceived greater level of safety within the area.
It’s important to understand how these statistics translate to property values. Generally, areas with lower crime rates and higher safety scores command higher property prices. While we don’t have specific data linking these statistics directly to property values in Fishbourne, the overall positive safety indicators are likely to support stable or even increasing property values. The perception of safety is a crucial driver of desirability. A safe and secure environment attracts buyers, which in turn can bolster property values.
However, it's not solely about crime rates. Other factors such as school districts, local amenities, transport links, and the general condition of housing stock also play a vital role in determining property prices. Prospective buyers should conduct thorough research, considering all these elements in conjunction with the crime statistics provided. Examining recent sales data and local market trends will offer a more complete picture of the Fishbourne property market.