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Net income. £ 199.2 million (2023) [ 2] Website. rightmove .co .uk. Rightmove plc is a British company which runs rightmove.co.uk, the UK's largest online real estate property portal. [ 3] Rightmove is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index .
OnTheMarket.com is a United Kingdom property portal similar to Rightmove and Zoopla. In October 2023, it was announced that the firm would be acquired by CoStar Group for £99 million. [1] On December 12, the Washington, D.C .-based property data company reported having completed the purchase of OnTheMarket plc. [2]
House price index. A house price index (HPI) measures the price changes of residential housing as a percentage change from some specific start date (which has an HPI of 100). Methodologies commonly used to calculate an HPI are hedonic regression (HR), simple moving average (SMA), and repeat-sales regression (RSR).
There are approximately 23 million dwellings in England and some 27 million across the UK. In 2009, about 30% of homes were owned outright by their occupants, and a further 40% were owner-occupied on a mortgage. About 18% are social housing of some kind, and the remaining 12% are privately rented. [ 2]
In January 2011, Zoopla acquired the historic database of UK house prices HousePrices.co.uk. [10] In October 2011, Zoopla and Digital Property Group, the subsidiary of A&N Media, operating property websites Primelocation.com, Globrix .com and FindaProperty.com, merged their respective businesses.
The affordability of housing in the UK reflects the ability to rent or buy property. There are various ways to determine or estimate housing affordability. One commonly used metric is the median housing affordability ratio; this compares the median price paid for residential property to the median gross annual earnings for full-time workers.
The mortgage industry of the United Kingdom has traditionally been dominated by building societies, the first of which opened in Birmingham in 1775. [ 1] But since the 1970s, the share of new mortgage loans market held by building societies has declined substantially. Between 1977 and 1987, the share fell drastically from 96% to 66%, and that ...
Right to Buy. The Right to Buy scheme is a policy in the United Kingdom, with the exception of Scotland since 1 August 2016 and Wales from 26 January 2019, which gives secure tenants of councils and some housing associations the legal right to buy, at a large discount, the council house they are living in. [ 1][ 2][ 3] There is also a Right to ...