How many bikes are stolen in London?

London, renowned for its bustling streets and vibrant cycling culture, is also facing a growing threat: bike theft. As more people embrace cycling as a mode of transportation, the incidence of bike thefts in the city has soared. In this article, we delve into the alarming statistics of bike theft in London, explore which boroughs are most affected, and discuss the importance of protecting your bike with cycle insurance.

Every year, thousands of bikes are reported stolen in London. According to data from the Metropolitan Police, a staggering 16,174 bikes were reported stolen in the capital in 2023 alone. This figure represents not just a loss of property, but also a blow to the sense of security and freedom that cycling provides to so many Londoners.

Which London boroughs have the highest amount of bike thefts?

Among the various boroughs of London, certain areas have emerged as hotspots for bike theft. Let's take a closer look at some of the boroughs with the highest incidence of bike thefts:

1). Hackney

Hackney, known for its vibrant arts scene and thriving cycling community, unfortunately also has one of the highest rates of bike theft in London. In 2023, there were approximately 198 bike thefts per week in Hackney, translating to around 848 thefts per month and roughly 35 thefts per hour.

2). Tower Hamlets

Tower Hamlets, home to iconic landmarks such as the Tower of London and Canary Wharf, is another borough grappling with a high number of bike thefts. In 2023, there were approximately 180 bike thefts per week in Tower Hamlets, equivalent to about 774 thefts per month and around 32 thefts per hour.

3). Westminster

Westminster, the political and cultural heart of London, is not immune to the scourge of bike theft. In 2023, there were approximately 165 bike thefts per week in Westminster, amounting to roughly 709 thefts per month and approximately 30 thefts per hour.

4). Hammersmith and Fulham

Hammersmith and Fulham, with its picturesque riverside views and bustling town centres, also sees its fair share of bike thefts. In 2023, there were approximately 148 bike thefts per week in Hammersmith and Fulham, translating to around 636 thefts per month and roughly 27 thefts per hour.

5). Camden

Camden, known for its eclectic mix of markets, music venues, and street art, faces a persistent problem of bike theft. In 2023, there were approximately 143 bike thefts per week in Camden, equivalent to about 615 thefts per month and around 26 thefts per hour.

What are the benefits of cycle insurance?

In the face of this rising tide of bike thefts, it's a good idea for bike owners to protect their prize possession. One such measure is investing in specialist cycle insurance which covers theft both at home and on the road. Here are some of the key benefits of cycleGuard cycle insurance:

• Cover in the UK and 30 days EU travel
• Multi-bike discount
• Up to £2,500 cycling accessories cover
• 24/7 Cycle Rescue recovery
• New for old cover

In conclusion, the risk of bike theft in London is a serious concern that demands attention. By staying informed about the prevalence of bike theft in different boroughs and investing in cycle insurance, cyclists can safeguard their bikes and enjoy the freedom of cycling in the city.