The impact of Gedling's crime rate on property values is a complex issue, but the data suggests a generally positive relationship. Gedling, a Local Authority District (LAD) with a population of 120,179, currently exhibits a crime rate of 66.1 incidents per 1,000 residents. This is notably lower than the UK national average of 91.6 incidents per 1,000.
Lower crime rates often correlate with higher property values, as prospective buyers prioritise safety and security. Gedling’s safety score of 85 out of 100 further reinforces this perception, exceeding the UK average of 79. A higher safety score indicates a greater sense of security within the area, which is a desirable attribute for homeowners and renters alike.
Specifically, the property crime rate in Gedling stands at 21.3 incidents per 1,000 residents. This figure, while still relevant, is likely to be factored into the overall perception of safety and can influence buyer confidence. Lower property crime rates contribute to a feeling of security and reduced risk of financial loss due to theft or damage, making the area more attractive.
It’s important to note that crime rates are just one piece of the puzzle. Factors such as school districts, commute times, local amenities, and the overall economic climate also significantly impact property values. However, all things being equal, an area with a demonstrably lower crime rate, like Gedling, tends to command higher property prices. Prospective buyers are often willing to pay a premium for the peace of mind that comes with living in a safer environment. The relatively lower crime rate and strong safety score within Gedling are likely to be contributing factors to its appeal and, consequently, its property values.