Purplebricks recently announced to have had an 81% growth in revenue in the UK the year to the end of April and that it is selling well over three times the number of properties than its closest rival.
According to a statement to its shareholders, the company indicated that the Group's revenue more than doubled worldwide, up 101 percent in the year to the end of April; within that, UK revenue is up 81 percent with the average income per UK instruction up seven percent to £1,168.
Purplebricks also indicated that it has sold and completed on £9.7 billion worth of UK property in the full year being reviewed with a further £3.7 billion sold subject to contract.
The company states it has sold 3.1 times the number of properties sold by its closest (unnamed) rival in UK agency - a proportion that accelerated to 3.3 times in the second half of the year under review.
It also says it now has the industry's highest level of conversions to sale and generates an average uplift of £6.000 on properties sold in the £250,000 to £300,000 range.
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