Rightmove network drops 2%

March 4, 2019
Rightmove logo

Maybe it is the sign of the times ie Brexit (anything that goes wrong globally is blamed on Brexit so sod it, I’ll keep the trend going) or maybe it is the recent growth of OnTheMarket who have been on an advertising and signing up agenda of recent. The ‘UK’s number one property website for properties for sale and rent‘ will obviously always have a peak limit dependent on estate agencies trading at the time and their average portfolio of listings, the recent figures shows a 2% drop to just 17,328 now in their network.

Despite many aggravated estate agents seeing the Rightmove fees increasing what seems like each and every year, it is still the household name when it comes to consumers and property searching online and for this reason, some will call it blackmail or being had by the short and curlies, Rightmove can confidently increase their fees (currently £1,005 per advertiser monthly). It is likely that due to its strong position prices will further increase in 2019 and beyond…

Broker Numis forecasts adjusted pre-tax profits of £222 million, giving EPS of 20p in 2019, from £203 million and 18.3p in 2018.

Further reading can be had on Investors Chronicle website.

EAN Breaking News

Breaking News. Have a new story to share with us? Then please get in contact today!

You May Also Enjoy

Breaking News

Here’s how to avoid garden rows this summer

Brits are being warned not to let summer fun turn into a neighbourhood battleground as BBQs, late-night parties, flying footballs and fence rows return to Britain’s gardens. With families spending more time outside, children playing for longer and homeowners tackling garden jobs, small irritations can quickly spiral when people are hot, tired and trying to relax. Jordan Kluth,…
Read More →
Breaking News

Breaking Property News 16/7/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   The Housing Market Does Not Need Saving: It Needs De-Risking   Thought leadership by Olivier Jauniaux, Founder of NestLink   “Everything starts with a good home,” Andy Burnham told a hall full of highly hopeful supporters at the People’s History Museum in Manchester in June 2026, in the…
Read More →
Breaking News

Why the postcode can make a big difference to your rebuild costs

93% of UK properties are insured for the wrong amount, according to research by RebuildCostASSESSMENT.com. The regional breakdown behind this figure shows why location still matters when calculating rebuild values. National figures demonstrate the scale of the issue and regional data helps show where inaccurate sums insured are more common. “Two similar properties in different…
Read More →
Rightmove logo
Breaking News

New record rents as rental supply falls for first time since 2022

The average advertised rent of homes outside London has risen by 1.9% this quarter to a new record of £1,397 per calendar month, the first quarterly rent record since Q3 2025: The average advertised rents outside London is now 2.3% higher than a year ago, an increase from 1.6% last quarter London also reaches a…
Read More →
Breaking News

Our predictions for the property market in the second half of 2026

Allison Thompson, Chief Lettings Officer, Leaders part of LRG. There is a lot going on right now that’s impacting the property market, both in terms of direct legislation and the wider economy: Global conflicts affecting consumer confidence and interest rates Ongoing cost of living issues challenging affordability for homeowners and renters The recent introduction of…
Read More →
Breaking News

Breaking Property News 14/7/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   REVIEW: The Future of Real Estate Education: From Pedagogy to Technology Author Mr. Hugh Kelly, Ph.D., CRE Emeritus   Edited by Karen M. McGrath, Elaine M. Worzala, and Pernille H. Christensen. (Routledge, New York and London, 2026). 330 pp. ISBN 9781032625041. Paperback $70.99; hardcover $170.00; ebook…
Read More →