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

Breaking News

Breaking Property News 6/7/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Property portals are sales tools, what buyers need are truth tools   Thought leadership by Oliver Januiax Founder of NestLink   ‘The UK property market has an access not a search problem. For two decades, property portals solved the obvious question of where are the homes? They did it well enough…
Read More →
New Builds 2020
Breaking News

New-build stock continues to fall as demand subdued

The latest analysis from Property Inspect has found that demand for new-build homes remained subdued during the second quarter of 2026, with just 16.3% of available new-build properties securing a buyer. At the same time, new-build stock levels continued to decline, accounting for 5.8% of all homes listed on the market across Great Britain. Property Inspect…
Read More →
AI in estate agency letting agency property
Estate Agent Talk

5 Practical Examples: This is How AI is Changing Real Estate

There does not appear to be a single industry that is likely to be immune from the impact of AI. Therefore, it is no surprise to learn that seismic changes are happening in the world of real estate, thanks to the increasing influence of artificial intelligence. From using the technology to identify ways to save…
Read More →
Crowded beaches - Clacton-on-Sea in Essex
Breaking News

Overheating moves up the housing agenda

441,000 rental homes fail thermal comfort standards The latest analysis from Inventory Base has found that an estimated 441,000 private rented homes in England failed thermal comfort standards in 2024, accounting for 40.3% of all non-decent private rental properties, as major reforms to the Housing Health and Safety Rating System (HHSRS) came into force on…
Read More →
Breaking News

Annual house price growth slows in June

The latest Nationwide House Price Index for June 2026 shows that: House prices fell by -0.0% between May 2026 and June 2026. Annual house price growth increased to 2.2% in June 2026, up from 1.7% in May 2026. The average UK house price for June 2026 now stands at £277,484, down slightly from £278,024 in…
Read More →
Breaking News

Nationwide House Price Index May 2026

UK annual house price growth picked up to 3.0% in April, from 2.2% in March House prices were up 0.4% month on month Headlines Apr-26 Mar-26 Monthly Index* 554.8 552.7 Monthly Change* 0.4% 0.9% Annual Change 3.0% 2.2% Average Price (not seasonally adjusted) £278,880 £277,186 * Seasonally adjusted figure (note that monthly % changes are…
Read More →