The question of how the crime rate in Indian Queens, Fraddon, and St Columb Road affects property values is a common one for prospective buyers and investors. The short answer is that while crime rates do influence property values, the specific impact requires a nuanced understanding of the local context.
Located in Cornwall, this Built-Up Area (BUA) has a population of 5822. The crime rate in Indian Queens, Fraddon, and St Columb Road currently stands at 61.6 incidents per 1,000 residents. This is notably lower than the UK average of 91.6 incidents per 1,000 residents. This suggests a generally safer environment compared to many other areas of the country. Furthermore, the area boasts a safety score of 86 out of 100, exceeding the UK average of 79, reinforcing this perception of relative safety.
Digging deeper, the property crime rate specifically is recorded at 26.6 incidents per 1,000 residents. While property crime does impact desirability, the lower overall crime rate, coupled with the high safety score, suggests that the impact on property values is likely to be less significant than in areas with higher crime statistics.
It's important to remember that property values are influenced by a multitude of factors beyond crime rates. These include, but are not limited to, school districts, proximity to amenities, transport links, the general aesthetic appeal of the area, and broader economic conditions. A lower crime rate can contribute to a positive perception of an area, making it more attractive to potential buyers and thus supporting property values. However, other factors may outweigh this effect.
Ultimately, potential buyers and investors should consider the crime rate within the broader context of the area's characteristics and market conditions. Consulting with a local estate agent who has a thorough understanding of the Indian Queens, Fraddon, and St Columb Road property market is crucial for making informed decisions.