The most recent analysis by Quickmove Properties has revealed that homebuyers hoping to stay in one of many UK’s high 50 most secure postcodes can pay a median of 20% extra for the pleasure when in comparison with the typical price of a house throughout the UK.
Quickmove Properties analysed the crime fee throughout every postcode of the UK, based mostly on crimes dedicated per 1,000 residents, earlier than revealing the highest 50 most secure UK postcodes and the way a lot it prices to stay there.
The analysis exhibits that the typical crime fee throughout the nation’s 50 most secure postcodes is available in at simply 27 crimes per 1,000 individuals. Nevertheless, potential homebuyers might want to dig deep in the event that they wish to buy inside one in all these postcodes, with the typical property worth coming in at £355,573 – 24% greater than the present UK common (£285,861).
The most secure of the lot is Cornwall’s PL35 postcode, with against the law fee of simply 6 crimes per 1,000 residents final yr. However with a median home worth of £349,212, a property within the PL35 postcode is available in 22% greater than the UK common.
Exeter’s EX37 postcode is the second most secure within the nation, though once more, the typical home worth is presently 14% greater than the UK common.
Nevertheless, there may be hope for homebuyers in search of a secure haven at an inexpensive worth. Cumberland’s CA19 postcode is just not solely the joint third most secure within the nation with against the law fee of simply 18, the typical home worth of £378,482 is available in slightly below the nationwide common (-3%).
Much more inexpensive nonetheless is the CW10 postcode in Cheshire East. The joint third most secure postcode within the nation additionally boasts a median home worth some -29% extra inexpensive than the UK benchmark.
Gross sales Director at Quickmove Properties, Mark O’Dwyer mentioned, “Security is a key concern for homebuyers, whether or not it’s the primary time residing alone, the seek for a household residence, or retirees trying to downsize to a extra peaceable tempo of life.
However a property buy in an space with a low degree of crime is more likely to price you, 24% extra on common in actual fact, and it’s no shock that of the 50 most secure postcodes within the nation, 37 command the next common home worth when in comparison with the nationwide benchmark.
Nevertheless, many silver downsizers are discovering that they will have their cake and eat it on the subject of security and affordability, it doesn’t matter what postal space they transfer to.
Park residence estates are an extremely secure possibility on account of the truth that many are gated communities of like-minded residents who are likely to look out for one another and their property. In reality, our earlier analysis discovered that 90% of park residence homeowners really feel secure residing throughout the park residence neighborhood and, within the final 5 years, simply 3% of insurance coverage claims made by park residence clients of Towergate Insurance coverage have been for any theft associated incidents.
What’s extra, park properties are a much more inexpensive path to homeownership, permitting downsizers to buy in areas such because the South West, residence to 13 of the Prime 20 most secure postcodes in our analysis. For a fraction of the price, patrons profit from the enjoyable high quality of life on provide, in addition to higher peace of thoughts because of the far decrease crime charges.”