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Visit rightmove.co.uk

Our history

Rightmove.co.uk was started in 2000 by the top four corporate estate agencies at the time: Countrywide, Connells, Halifax and Royal and Sun Alliance. The website was initially free to list with charging introduced in January 2002.

The service offering was extended to new homes developers in 2002 and in 2004 we began charging lettings agents.

2006 brought further change with the company floating on the London Stock Exchange in March 2006 at £3.35 a share.

In 2007 we first introduced property advertising products allowing our agents and new homes developers to differentiate their properties on site with a further suite of display advertising products being launched in late 2010 allowing our customers to promote their brand and talk about themselves in a format similar to traditional newspaper advertising. Today our advertising products account for over a third of our total revenues.

In 2009 we introduced our first mobile app with nearly a third of our searches today being performed on mobile devices.

Rightmove timeline

2012

  • Revenues exceed £100m
  • Page impressions of 11 billion per annum, ranked as the sixth most popular UK website

2011

  • 84% market share of the top 4 UK property websites by pages viewed
  • Underlying operating profit margin exceeds 70%

2010

  • Over £140m returned to shareholders in 10 years through dividends & share buy backs
  • Sale of 67% of Holiday Lettings Limited for net consideration of £20.9m
  •  iPad App launched

2009

  • iPhone App launched
  • Over 1 million visits to the website in a single day

2008

  • Scheme of Arrangement ratified
  • Rightmove exceeds 5 billion annual page impressions
  • Rightmove displays more than 1 million property details

2007

  • Rightmove announces proposals for a Scheme of Arrangement
  • Rightmove commences share buy back programme
  • Rightmove purchases 67% of Holiday Lettings Limited

2006

  • Rightmove welcomes its 10,000th estate agency member
  • Rightmove floats on the London Stock Exchange and becomes a member of the FTSE 250

2005

  • Rightmove introduces charging for advertising for properties to rent

2004

  • Rightmove welcomes its 6,000th member (50% of all UK agents)
  • over 100 million pages viewed in a month

2002

  • Rightmove publishes the first Rightmove House Price Index
  • Rightmove launches New Homes services for developers
  • First property website to introduce charging for advertising for properties for sale

2000