The impact of Freeland’s crime rate on property values is a nuanced issue, and requires a careful examination of the available data. The direct answer is that, given Freeland’s significantly lower crime rate than the UK average, it is likely to have a positive, or at least neutral, impact on property values.
Freeland, located in West Oxfordshire, has a population of 1549 people. Its crime rate stands at 20.6 incidents per 1,000 residents, a stark contrast to the UK national average of 91.6 per 1,000. This significantly lower rate suggests a safer environment compared to many other areas in the UK. Furthermore, Freeland boasts a safety score of 94 out of 100, far exceeding the UK average of 79. This high safety score is a key indicator of a desirable living environment, which is often reflected in higher property values.
It’s important to consider the specific types of crime as well. While the overall crime rate is low, the property crime rate is recorded at 5.8 incidents per 1,000. While this is still lower than the national average, property crime can directly affect homeowner confidence and perceived safety, potentially influencing purchasing decisions. However, the overwhelmingly positive safety score suggests that residents feel safe and secure, mitigating any potential negative impact from this figure.
Generally, areas perceived as safe command higher property values. This is driven by increased demand from prospective buyers seeking a secure environment for themselves and their families. While other factors such as school quality, proximity to amenities, and local infrastructure also play a significant role in determining property values, safety is consistently a top priority for many. The combination of a low overall crime rate and a high safety score in Freeland suggests that property values are likely to be supported by these factors. Potential buyers should always conduct thorough due diligence, including local market research, but the data strongly suggests Freeland offers a desirable and relatively secure environment for homeowners.