Purplebricks enjoys record monthly valuations in January

Online estate agent Purplebricks confirmed a record monthly level of valuations and instruction activity in January as it expects trading to show year-on-year growth.

In its interim results on Friday that it was entering 2017 in its strongest ever position, with significantly increased capacity, record instructions, sales and revenue together with a more advanced infrastructure.

The AIM-listed company added on Monday that it has had “a good start to the calendar year” and, with a number of key months ahead of it, its expectations for the 2017 financial year are unchanged

Shares in Purplebricks were up 2.32% to 187.75p at 0834 GMT.