Zoopla reports agency total up 5% and listings up 10% in a year

Zoopla Property Group's estate agency membership grew five per cent and its property listing inventory was up 10 per cent in the year to the end of September.

ZPG now has 23,101 'member partners'. In its annual trading statement to the City, ZPG this morning reported that its revenue rose 84 per cent to £197.7m.

Over the year there were over 600m visits to the group's websites - Zoopla and Primelocation - of which 68 per cent were from mobile devices.

Over 23m leads were generated, including 350,000 property appraisal leads.

Referring to its uSwitch price comparison service, ZPG said leads in this sector were 22 per cent up on 2015.

The group also told investors it had acquired the cloud-based estate agency website design business, Technicweb and invested in and signed partnership with connected home insurance provider, Neos.

Chief executive Alex Chesterman said in a statement accompanying the figures: "The acquisition of Property Software Group has been transformational, allowing us to offer the UK’s only end-to-end solution for property professionals including software, workflow, CRM and marketing tools. As a Group, we now have significant cross-sell opportunities with over 23,000 unique Property partners taking at least of one of our services."

The 'partner member' breakdown detailed in the figures include 13,373 UK agents, 2,610 New Homes developments, 1,074 Overseas agents, 415 Commercial agents and 5,003 software only partners. The inventory grew over the year to over 927,000 listings.

Just ahead of the announcement, Roberts & Co - a 12 branch south east Wales agency group covering Newport, Monmouthshire, Caerphilly, Torfaen and Blaenau Gwent - announced it was returning to Zoopla from OnTheMarket. 

"It was the right time to review our portals with Roberts & Co re-branding, the opportunities that Zoopla Property Group can now offer us as a result of the [Property Services Group] acquisition are very exciting and now is the right time to be part of this" says Mark Roberts of Roberts and Co.