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There's definitely a strange disconnect between the two. Copper I reported the theft to seemed surprised at the value of my bike. It's nothing fancy, but I suppose that rebuilding it all would cost £1500 or £2000. But it looks like an old vicar's town bike. Plenty of cars on my street are worth less than that.
Sparky
Yesterday at around 4pm there were multiple police cars, and a helicopter in the sky, at the eastway in Leyton. I asked one of the at least 10 officers standing around what they were doing, and he replied that they were looking for someone who had crashed a stolen car after a chase. But steal a bike and they'll do fuck all.