Neighborhood Security and Housing Price in Amuwo-Odofin Local Government Area of Lagos State

Abstract

This research work identified the neighborhood security measures in Amuwo-Odofin Local Government Area (LGA). It also examined the relationship between neighborhood security measures and housing price in the LGA. The study employed primary data and surveyed 140 residents of the LGA through multistage sampling technique. Tables and Pearson’s Correlation Coefficient (PPC) were used to analyze the data. The result showed that theft constitute the modal class of crime, followed by; breaking into homes, violence and robbery. Also, the used of burglary proofs, special doors and windows in houses, OPC and vigilantes have been identified to be the neighborhood security measures put in place in the LGA. From the Pearson Correlation Coefficient, houses with gatemen commands a highest price (PCC=0.71). While houses that are closer to the police station/security outfit (PCC=0.61) and houses with street’s local security or vigilante (PCC=0.56) has higher prices. Crime rate has a negative relationship with housing price. The study concluded that the community of Amuwo-Odofin LGA put neighborhood security measures in place and these security measures have a positive relationship on price of housing in the LGA.