Zoopla.co.uk biggest climber in Telegraph 100 growth companies index
Property website ranks top of movers & shakers amongst high growth companies
14th Apr 2009
Zoopla.co.uk, the UK's fastest growing property website, has been named the highest climber in the Telegraph 100 Growth Companies Index, which measures the impact and importance of select UK privately-owned companies based on their traction, activity and buzz.
Zoopla.co.uk has made its way to the top of this list within only 15 months of its launch, having gained significant consumer interest and racking up over a million visits to its website monthly. By providing users with free, instant value estimates on every UK home along with sold price history and hundreds of thousands of properties for sale and rent across the UK, Zoopla.co.uk is fast-becoming the ultimate resource for UK property market information.
Zoopla.co.uk is one of only a handful of property websites included in the Top 100 which is ranked using combined information from thousands of online sources including traffic data, mainstream media, blogs, Twitter and more.
Top 5 Highest Climbers - Telegraph High Growth Companies Index (14th April 2009)
Alex Chesterman, Founder & CEO of Zoopla.co.uk, commented:
"It's great to be included in this list and recognised for the innovation we are bringing to the property market. Despite the current climate, we continue to grow at a record pace and are delighted to be becoming the property website of choice for consumers and professionals alike across the UK."
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For further information, please contact PR Team on [email protected] or +44 (0)20 3873 8770.
Notes to editors
Zoopla.co.uk is a unique property website offering users information and tools to help them make better-informed property decisions. Our aim is to provide the most comprehensive source of residential property market information in the UK to help buyers, sellers, owners and estate agents alike and give them an advantage in the property market.
In 2007, following the success of bringing DVD rental to the web with LOVEFiLM.com, Zoopla founders Alex Chesterman and Simon Kain realised that the UK property market had yet to fully enjoy the benefits of the internet in terms of its ability to deliver transparency and efficiency. They set out with the mission to transform the property market for both professionals and consumers by:
- offering users FREE access to instant value estimates, sold house prices and local information and trends
- enhancing estate agents' marketing efficiency by providing exposure/leads on a pay-for-performance basis
- helping users find local agents and other property professionals to assist them in the transaction process
- letting buyers make offers on ANY UK home and owners test interest in their homes before choosing to sell
- creating an environment where anyone can ask/answer questions and share their knowledge about homes
We have started by providing FREE value estimates, sold prices and local information as well as letting users add content by editing information and uploading photos. We are the UK's fastest growing property website and by far the largest and most active property community in the UK, with over a million user contributions to our website in 2008 alone. We have already launched some unique features, like TemptMe™ and AskMe™, which allow consumers to gain an insight into the market and discover information they won't find anywhere else. Our estate agent directory, FindAnAgent and our unique AskAnAgent feature allow users to contact local professionals directly for their expertise. Very soon we will begin accepting estate agent listing feeds and delivering buyer leads to agents on a no-risk, performance-based model, making Zoopla.co.uk the most cost-effective way for agents to gain exposure and develop their inventory pipeline.
Our value estimates are calculated using a proprietary algorithm (a secret formula) that we have developed by analysing millions of data points relating to property sales and home characteristics throughout the UK. The algorithm works by comparing relationships between home prices, economic trends and property characteristics in given geographic areas. Our estimates are constantly refined, using the most recent data available from public sources combined with our proprietary used-generated data and a variety of statistical methodologies, in order to provide the most current information on any home.
Zoopla Limited is a privately held company with a highly experienced and proven management team, backed by well-respected angel investors and leading venture capital firms Atlas Venture (atlasventure.com) and Octopus Ventures (octopusventures.com).
- Winner: 'UK's Most Promising Internet Company 2008' (First Tuesday)
- Winner: 'Best Property Website - Gold Award' (Web User Magazine)
- Winner: 'Best Real Estate website 2008' (Websiteoftheyear.co.uk)