The question of how crime statistics impact property values in Leatherhead is complex, and a straightforward answer is rarely possible. Based on available data, Leatherhead, within the BUA of Mole Valley, has a crime rate of 128.7 incidents per 1,000 residents. This is higher than the UK average of 91.6 per 1,000. Furthermore, Leatherhead’s safety score is 71 out of 100, falling below the UK average of 79.
While these figures might initially raise concerns, the relationship between crime and property values isn’t always linear. Several factors influence how buyers perceive and react to crime data. Firstly, the type of crime is crucial. While burglaries and vehicle theft are often considered more impactful than, for example, minor public order offences, the specific details of incidents within Leatherhead are not provided.
Secondly, location within Leatherhead is significant. Crime rates can vary considerably even within a small geographic area. A property situated in a high-crime pocket will likely be viewed less favourably than one in a safer area, even if the overall Leatherhead crime rate remains elevated.
Thirdly, broader market conditions play a substantial role. A strong property market can often mitigate the negative impact of higher crime rates, as buyers are willing to overlook certain drawbacks due to high demand. Conversely, in a weaker market, concerns about crime may be amplified.
It's also important to note that a lower safety score, 71/100, suggests that residents may perceive the area as less safe than average. This perception alone can influence property values, even if actual crime rates don't fully reflect it.
Ultimately, potential homebuyers should not rely solely on broad crime statistics. A more detailed examination of local crime reports, coupled with advice from a local property professional, is essential to assess the potential impact on property values in Leatherhead.