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Does crime in parks affect apartment prices?
KTH, School of Architecture and the Built Environment (ABE), Centres, Centre for Banking and Finance, Cefin.ORCID iD: 0000-0001-8525-3362
KTH, School of Architecture and the Built Environment (ABE), Centres, Centre for Banking and Finance, Cefin.ORCID iD: 0000-0001-5302-1698
2015 (English)In: Journal of Scandinavian Studies in Criminology and Crime Prevention, ISSN 1404-3858, Vol. 16, no 1, 97-121 p.Article in journal (Refereed) Published
Abstract [en]

A park is a desirable feature when people are purchasing a property. Buyers are ready to pay more for properties surrounded by natural amenities, such as a pleasant park. However, if a park is targeted by crime and disorder, then it may have a negative effect on people's appraisal. The aim of this study is to reach a better understanding of how parks and crime rates affect housing prices taking into account residential properties and parks type. Stockholm, the capital of Sweden, is used as the case study. The methodology has two stages. An extensive field work was performed in a selected number of parks to help characterize the parks in Stockholm. This information was gathered with secondary data about parks using Geographic Information System. This pre-assessment was later followed by the analysis of 2008s apartment sales using hedonic modelling to assess the effect of parks alone and in combination with crime rates. Results suggest that the effect of parks on prices vary by park type (increased with, e.g. features of cultural and national interest and decreased with ball games or boating facilities) while an aggregated measure of parks lowers overall apartment prices. More interestingly, findings show that the price of apartments tends to be discounted in areas where parks have relatively high rates of violence and vandalism.

Place, publisher, year, edition, pages
2015. Vol. 16, no 1, 97-121 p.
Keyword [en]
GIS, green areas, hedonic modelling, offences, spatial error, spatial lag
National Category
Social Sciences
URN: urn:nbn:se:kth:diva-167789DOI: 10.1080/14043858.2015.1009674ScopusID: 2-s2.0-84927694222OAI: diva2:813671
Swedish Research CouncilSwedish Research Council Formas

QC 20150525

Available from: 2015-05-25 Created: 2015-05-22 Last updated: 2015-10-23Bibliographically approved
In thesis
1. Assessment of crime and safety issues in parks
Open this publication in new window or tab >>Assessment of crime and safety issues in parks
2015 (English)Licentiate thesis, comprehensive summary (Other academic)
Abstract [en]

The aim of the thesis is to obtain a better understanding of the importance of parks for urban quality, particularly for safety. This is achieved in two ways; first, by assessing parks’ impact on the perceived quality of the urban environment (whether it is incorporated into housing prices or not) in Stockholm. Second, the study investigates whether safety in parks may be assessed using principles of Crime Prevention through Environmental Design (CPTED) using a high-crime park in Stockholm’s inner city. The thesis starts with an introduction to the theme, with a brief discussion of background theory, literature review, the study area and the methods. Then, it reports the results of the articles included in the thesis and discusses their main contributions to the field of research.

A mixed methods approach utilizes both quantitative and qualitative data analysis. Regression models and a Geographic Information System (GIS) were used in Paper I, which aims to clarify how park proximity affects housing prices and, when considering residential properties and park type, how crime rates in parks affect housing prices. Findings show that the further away an apartment is located from a park, the higher the discount on its price effect, but this effect (dependent on the park type), as an accumulated measure of parks, lowers prices or is negligible. Paper II assesses the use and adequacy of CPTED principles to guide the assessment of safety conditions of an urban park. The historical development of CPTED is presented followed by an analysis of a case study, Tantolunden, in Stockholm. Site observations, crime mapping, people count and interviews were conducted. Results show many entrances in this particular park defy the principles of access control and in turn impose limitations on park maintenance. Findings also show that interrupted sight lines create limited surveillance. The paper concludes by identifying the potentialities and challenges of CPTED principles when applied to safety in parks.

Findings presented in this thesis are relevant for many stakeholders in society as results show the variation in crime and safety in urban parks, and the way they can be assessed and tackled.

Place, publisher, year, edition, pages
Stockholm: KTH Royal Institute of Technology, 2015. 35 p.
Green spaces, perceived safety, GIS, hedonic modelling, crime mapping, CPTED
National Category
Engineering and Technology
Research subject
Real Estate and Construction Management
urn:nbn:se:kth:diva-175662 (URN)978-91-87111-051 (ISBN)
2015-11-12, L1, Drottning Kristinas väg 30, KTH, Stockholm, 10:30 (English)
Safety for whom? Housing market, safety and distributive justice
Swedish Research Council, 259-2012-1189

QC 20151023

Available from: 2015-10-23 Created: 2015-10-19 Last updated: 2015-10-23Bibliographically approved

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Iqbal, AsifaCeccato, Vânia A.
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