The relationship between crime rates and property values is a complex one, and understanding how the crime rate in Freckleton, Lancashire affects property values requires a closer look at the available data. The short answer is that a lower crime rate generally supports higher property values, but the specifics are important.
Freckleton, a BUA (Built-Up Area) with a population of 4104, exhibits a crime rate of 60.9 incidents per 1,000 residents. This is notably lower than the UK average of 91.6 per 1,000. However, it's crucial to examine the specific types of crime. The data reveals a property crime rate of 14.9 per 1,000 in Freckleton. This represents incidents like burglaries, theft, and vandalism, which directly impact perceptions of safety and, consequently, property values.
Generally, areas with lower crime rates tend to attract more buyers, leading to increased demand and higher property prices. The safety score for Freckleton is 87 out of 100, exceeding the UK average of 79. This suggests a higher perceived level of safety among residents and potential buyers. A higher safety score is a positive indicator for property values.
It's important to note that property values are influenced by numerous factors beyond crime rates, including school districts, proximity to amenities, and the overall condition of the housing stock. However, a consistently lower crime rate, as seen in Freckleton compared to the national average, acts as a supporting factor for maintaining or increasing property values. While the property crime rate is present, the overall lower crime rate and high safety score suggest a relatively secure environment. Potential buyers should still investigate specific areas within Freckleton to gain a more detailed understanding of local safety conditions.