Revenue up, Profits up and Advertisers at all time high reports Rightmove

July 28, 2017
Rightmove logo

Rightmove today releases half year results for the six months ended 30 June 2017.

Rightmove, the UK’s number one property site, has delivered another strong period of growth in the six months ended 30 June 2017.  Revenue increased by 11% to £119.5m with underlying operating profit up 11% to £91.0m and operating profit up 9% to £87.6m.

Record customer numbers with Agency and New Homes customers up 237 (+1%) since the start of 2017 to 20,358.

Peter Brooks-Johnson, Chief Executive Officer, said:

“Home hunters visited Rightmove a record 3,000 times a minute in the first half of 2017, turning to us first to search and research on the only place you can see almost the entire UK residential property market.

“Our continued development to deliver the richest experience and fastest way for home hunters to ‘find their happy’ from 1.1 million residential properties has been recognised by Forbes Magazine naming Rightmove “the world’s most innovative growth company” for the second year in a row. This recognition is thanks to innovation such as our latest search feature, ‘Where can I live?’, which finds homes in areas which are affordable and convenient, offering home hunters help when their inspiration has run dry.

“Our aim has always been to help our agents and developers succeed by delivering great value marketing andbuilding strong relationships to support their ambitions. This approach continues to serve us well as we havegrown our customer base to an all-time high demonstrating that Rightmove is the site of choice, not only for Britain’s home movers, but also its property professionals.

“With consumers and customers becoming increasingly digital our clear market leadership coupled with thevalue of our products and data positions us well for the future.”

Read the Rightmove half year results report in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

to let sign 2025
Letting Agent Talk

Northern Ireland emerging as one of the UK’s most attractive long-term rental investments

Northern Ireland rents have increased by approximately 51% over the past five years Tenant enquiries have risen by approximately 33%, highlighting continued demand for quality rental accommodation. Four of the five fastest-growing housing markets in the UK are located in Northern Ireland 26% of landlords in England sold at least one rental property during 2024,…
Read More →
Estate Agent Talk

Homebuyers demand same-day conveyancing updates

New research from Lyons Bowe solicitors reveals that Britain’s homebuyers have little tolerance for poor communication during the conveyancing process, with buyers increasingly expecting same-day updates, prompt responses, and swift notification of any issues that could impact their purchase. The survey of current and recent homebuyers who have purchased a property within the last two years,…
Read More →
Breaking News

Breaking Property News 25/6/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Detecting property moisture defects without invasive or damaging procedures BEST Training, a specialist CPD provider for the built environment, has now launched Module 2 of its advanced course series: Investigating Moisture in Traditional Buildings. The module offers an end-to-end diagnostic curriculum for professionals working…
Read More →
Breaking News

How Wimbledon property compares to other Grand Slam locations

The latest research from Benham and Reeves has revealed that property values in Wimbledon, home to the Wimbledon serves up more subdued house price growth than fellow Grand Slam locations The latest research from Benham and Reeves has revealed that property values in Wimbledon, home to the world’s most prestigious tennis tournament, have fallen by…
Read More →
Breaking News

Interest rates matter, but asking price is still what sells a home

Homes priced right first time find a buyer in around five weeks, while overpriced homes take three months longer, and new LRG research shows what buyers are looking for. The Bank of England’s latest decision to hold interest rates is welcome news for buyers and sellers, providing greater stability and confidence for those considering a…
Read More →
Tips when buying at property auctions
Breaking News

Three-bedroom homes dominate Britain’s quick-sale market

The latest industry insight from the House Buyer Bureau reveals that the East and West Midlands are Britain’s quick sale hotspots, with three-bedroom homes proving the most common property type when it comes to quick-sale activity. House Buyer Bureau’s internal data* shows that in 2025 the company had contact with, and made a firm offer…
Read More →