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London homeowners avoid calling Police over ‘minor burglaries’ to protect property prices – 67.3% won’t call Police over ‘minor incidents’ on Thu 6th August, 2015
London homeowners are consistently not calling the police over ‘minor burglaries’ to their home, according to an online survey of 1,600 people by London’s leading property maintenance company aspect.co.uk.
An online survey of Londoners by aspect.co.uk shows that 67.3% of those surveyed would not call the Police over ‘minor incidents’.
Cross sections of Londoners were asked a number of questions relating to property value and attitudes to crime.
“People want to protect their property prices,” according to property maintenance expert Will Davies. “That means with minor burglaries, they are simply not reporting it to the Police whatsoever”.
“Homeowners are forgoing insurance payouts because that would require a Crime Reference number after reporting the incident to the Police,” says Davies. “They fear that would lower the value of house prices in the area,” says Davies.
7.8% of respondents surveyed by aspect.co.uk said they had either been a victim of, or witnessed a crime, but not reported it to the police.
They failed to do so out of fear it would show up on the map and therefore make it difficult to buy or sell their property, or that it would significantly reduce its value.
61% of respondents to aspect.co.uk’s survey also said they would refuse to buy a property in a high crime area of London.
Over half of prospective homebuyers and tenants in Britain now check crime statistics in an area they are moving to, according to a survey by Direct Line in 2014.
Four years ago, checking crime statistics in residential areas became easier when the police.uk website started publishing monthly figures on an interactive map simply by entering a postcode.
The direct correlation between house prices and crime is also apparent in the United States of America.
In Regional Science and Urban Economics (2010), ‘Panel Data Estimates of the Effects of Different Types of Crime on Housing Prices”, Keith Ihlanfeldt and Tom Maynock of Florida State found that among seven categories of crime studied, robbery and aggravated assault crimes (per acre) exert a meaningful influence upon neighbourhood housing values.
The Center for American Progress (2012) found that a 10% reduction in homicide in eight U.S. metropolitan areas led to a 0.83% decrease in housing values the following year.
Increasingly London householders are avoiding calling the police to report crimes such as burglaries. Londoner’s are not calling the police about routine burglaries to avoid poor crime statistics pushing down the value of properties in particular neighbourhoods.
“It is concerning that many people won’t report crime because they are worried it will affect the price of property” says Will Davies.
“Many home owners are equipping themselves with their own surveillance equipment to record burglars on video rather than call the cops,” says Will Davies of aspect.co.uk
“Householders would rather keep minor crime completely unreported,” he says.
The Top 10 areas of London most likely to claim for theft on their home insurance (2014) at a Rate per 1,000 includes:
1. Herne Hill, Tulse Hill - 41.8
2. Muswell Hill – 40.9
3. Dagenham, Becontree, Becontree Heath – 35.9
4. East Finchley, Fortis Green, Hampstead Garden Suburb – 34.5
5. Upper Edmonton, Edmonton – 32.3
6. Greenford, Perivale – 30.9
7. West Norwood, Gipsy Hill – 30.5
8. Hackney Central, Dalston, London Fields – 29.4
9. Whetstone, Totteridge, Oakleigh Park – 28
10. Homerton, Hackney Wick, South Hackney, Hackney Marshes, Victoria Park – 27.8
John Price, Hillgrove PR.
T. +44 (0) 20 3603 0366