Both in the social sciences and in popular debates, recent commentaries on fear for children highlight the mismatch between children's and parents' fears and the risk of stranger danger, and point to cultural changes to childhood and parenting in explanation. This paper suggests that a materialist approach to fear and risk may be equally helpful to understanding, and of more strategic advantage in promoting social change which benefits children, especially those who have been victims. It is argued that if research is child-centred, grounded in particular places, and explicit about the social stratification of risk, then experience of victimization itself can explain a large part of children's fears. In support, the paper draws on quantitative and qualitative research with 1069 children aged 10-16 in a deprived area of north east England. The geographies of child victimization and children's fears are compared, showing that many fears about public space are spatially congruent with experiences of risk. These geographies of risk and fear are gendered and racialized and, in this geographical context, paedophiles and asylum seekers have replaced the 'stranger' in children's accounts of danger. Implications for current public and policy debates are discussed.