This statistic shows the first-half results of real estate agency groups in the United Kingdom in 2016 and 2017, by pre-tax profit (in million GBP). The United Kingdom currently witnesses a sharp division between traditional high street brands and upcoming online agencies, such as Purplebricks and Zoopla. Countrywide, the group which runs the UK’s largest chain of residential estate agency brands, suffered a decrease in pre-tax profit from 24.3 million pounds to 447,000 pounds in the first six months of 2017. The main reasons for this decline are the rise of online competitors, the uncertainty of the upcoming Brexit along with the introduction of a stamp duty surcharge for second and additional properties since April 2017. Between the third quarter of 2016 and the third quarter of 2017, the number of transactions made in property purchases and rentals by online agents reached approximately 14,000.
First-half results of real estate agency groups in the United Kingdom in 2016 and 2017, by pre-tax profit (in million GBP)*
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Countrywide, & Foxtons, & LSL Property Services, & Connells Group. (June 30, 2017). First-half results of real estate agency groups in the United Kingdom in 2016 and 2017, by pre-tax profit (in million GBP)* [Graph]. In Statista. Retrieved August 11, 2022, from https://www.statista.com/statistics/759225/leading-real-estate-agency-groups-in-the-uk-by-pre-tax-profit/
Countrywide, und Foxtons, und LSL Property Services, und Connells Group. "First-half results of real estate agency groups in the United Kingdom in 2016 and 2017, by pre-tax profit (in million GBP)*." Chart. June 30, 2017. Statista. Accessed August 11, 2022. https://www.statista.com/statistics/759225/leading-real-estate-agency-groups-in-the-uk-by-pre-tax-profit/
Countrywide, Foxtons, LSL Property Services, Connells Group. (2017). First-half results of real estate agency groups in the United Kingdom in 2016 and 2017, by pre-tax profit (in million GBP)*. Statista. Statista Inc.. Accessed: August 11, 2022. https://www.statista.com/statistics/759225/leading-real-estate-agency-groups-in-the-uk-by-pre-tax-profit/
Countrywide, and Foxtons, and LSL Property Services, and Connells Group. "First-half Results of Real Estate Agency Groups in The United Kingdom in 2016 and 2017, by Pre-tax Profit (in Million Gbp)*." Statista, Statista Inc., 30 Jun 2017, https://www.statista.com/statistics/759225/leading-real-estate-agency-groups-in-the-uk-by-pre-tax-profit/
Countrywide & Foxtons & LSL Property Services & Connells Group, First-half results of real estate agency groups in the United Kingdom in 2016 and 2017, by pre-tax profit (in million GBP)* Statista, https://www.statista.com/statistics/759225/leading-real-estate-agency-groups-in-the-uk-by-pre-tax-profit/ (last visited August 11, 2022)
