Q1 Manchester Report 2024

Page 1

QUARTERLY REPORT MANCHESTER Q1
Source Lettings Homepage 18 Instant Valuation 26 Leadoo 33 My Account 3 Rightmove 118 On The Market 35 Total 233 Lead Sources Source Number of Valuation Enquiries Monthly Cost Cost Per Valuation Website 23 £7335 00 £318 91 Rightmove 12 £7800 00 £650 On The Market 3 £4290 00 £1290
Source Number of Instructions Monthly Cost Instruction Fee Revenue ROI Website 15 £7335.00 £21209.00 66.45% Rightmove 8 £3650.00 £10964.00 200.38% On The Market 2 £4290.00 £2652.00 -38.18%
TG = 0 JW = 0 MOC = 4
Landlord Acquisition
Market Appraisals
Instructions Valuations enquiries from Leadoo:

Landlord Acquisition

Social media ads

Thornley Groves, Julian Wadden & Matthews of Chester

The first ad of lettings switch campaign promoting the protection services which will run for three weeks and is targeting landlords and investors in all our branch locations.

Impressions at the time of report creation.

TG: 22,875

JW: 17,545

MOC: 3,586

Click through

TG: 153

JW: 88

MOC: 19

Landlord Acquisition

Social Media

A Facebook post series advising landlords with our top tips when buying to let.

Monthly posts with the main message and call to action is to book a valuation.

First post for the switch campaign with the hero message and showcasing the lifestyle/ billboard artwork.

Market Appraisals

Acquisition Source Sales Homepage 31 Instant Valuation 189 Leadoo 206 My Account 2 Rightmove 242 On The Market 207 Total 877
Vendor
Source Number of Valuation Enquiries Monthly Cost Cost Per Valuation Website 232 £7335 00 £31 62 Rightmove 42 £49,509 00 £1178 79 On The Market 30 £4290 00 £143
Lead Sources
Source Number of Instructions Monthly Cost Instruction Fee Revenue ROI Website 71 £7335 00 £229720 25 3031 84% Rightmove 23 £49,509.00 £88,975 00 79 71 00% On The Market 5 £4290.00 £14315 00 233 68% Instructions Valuation enquiries from Leadoo: TG = 114 JW = 152 MOC = 37

Total Spend: 9,680

Successes: 31 properties infulanced

Regular letters: 3,637

TwentyTwenty (not on the market): 3,953

TwentyTwenty (on the market): 823

Total: 8,413 Letters Sent

Vendor Acquisition Spectre

Vendor Acquisition

Social media ads

Thornley Groves, Julian Wadden & Matthews of Chester - aim to acquire vendors and landlords

Book a valuation call to action targeting property owners, people buying and selling real estate, movers, luxury property owners landlords and investors and rural owners in all our branch locations and linking through to the valuation landing page.

Impressions

TG: 35,187

JW: 21,049

MOC: 8,638

Click through

TG: 161

JW: 138

MOC: 34

Vendor Acquisition

Social media ads

Thornley Groves, Julian Wadden & Matthews of Chester

Book a valuation call to action targeting potential sellers within our branch locations as well as from our email database.

Impressions

TG: 19,191

JW: 20,571

MOC: 21,766

Click through

TG: 161

JW: 171

MOC: 173

Vendor Acquisition

Social media

Monthly posts with the main message and call to action is to book a valuation.

Valentine’s Day post promoting our property ‘matchmaking’ service with the call to action ‘book a valuation’.

Facebook series advising venders how they can help to sell their house quickly.

Vendor Acquisition Comms

Valentines themed emails to vendors who had a valuation previously but not come onto the market with us and buyers who have not found a property with us.

Fallen out of love with your home?

Sent

Struggling to find a home you truly love?

Valuation
JW - 41044 Buyers MOC - 1121 Vendors Clicks TG - 164 JW - 231 MOC - 21 to Valuation landing page
to TG - 5555 Vendors JW - 5198 Vendors MOC - 212 Vendors Clicks TG - 16 JW - 12 to
landing page Sent to TG - 50793 Buyers

Upsell and Cross-sell

SOURCE Mortgage Requests Revenue Website 55 £1925.00 Rightmove 312 £10,920.00 On The Market 22 £770.00 Total 389 £13,615.00 Mortgage Requests
Thornley Groves Julian Wadden MOC Sent to 1823 403 174 Link Clicks 47 12 5 Unsubs 0.11% 0.25% 0.57%
Cross-sell Comms- BTLB
Upsell and

Upsell and Cross-sell

Social media

Posting promoting our RLP, MAB, NDS, Furnishing solutions, My Account and Thornley Groves student services. The captions were tailored to target the relevant clients with the CTA to contact their local branch for more information or directing them to the relevant website page.

Metric TG JW Sign up - Direct from website 232 116 Login from 'welcome' email 1075 566 Total logins 1332 691 Sales offers made 9 Book a viewing form submit 21 Viewing feedback submitted 9 143 Valuation 7 Landlord
My Account
Retention

Landlord Retention

Comms

The Landlord Journal - Sent to Landlords every other month with the aim to inform, engage with our brand and provide unique investment opportunities both locally and nationally via our network.

Clicks 92 - Hot Topic 95 - Tax Return Guide 44 - My Account Page 59 - Property Clicks Sent to 3614 FM Landlords
on 15/1/24
Sent

Landlord Retention

Comms

The Landlord Journal - Sent to Landlords every other month with the aim to inform, engage with our brand and provide unique investment opportunities both locally and nationally via our network.

Sent on 15/1/24

- Hot Topic
- Tax Return Guide
- My Account Page 35 - Property Clicks
Clicks 83
64
11
Sent to 2270 Landlords

Landlord Retention

Comms

The Landlord Journal - Sent to Landlords every other month with the aim to inform, engage with our brand and provide unique investment opportunities both locally and nationally via our network.

Clicks 28 - Hot Topic 18 - Tax Return Guide 33 - Property Clicks
Sent to 480 Landlords Sent on 15/1/24

Landlord Retention

Comms

The Landlord Journal - With re-design. Sent to Landlords every other month with the aim to inform, engage with our brand and provide unique investment opportunities both locally and nationally via our network.

Unsubs reduced by nearly 50% and the new Landlord Journal was our lowest unsubscribed marketing email of the Quarter.

Sent on 28/3/24

Sent to 3390 FM Landlords

Clicks 41 - Hot Topic 44 - Properties 18 - Regional Properties 15 - Email to Team 22 - MyAccount 7 - The Buy to Let Broker

Landlord Retention

Comms

The Landlord Journal - With re-design. Sent to Landlords every other month with the aim to inform, engage with our brand and provide unique investment opportunities both locally and nationally via our network.

Sent on 28/3/24

30 - Hot Topic
- Properties
Regional Properties
- Email to Team
- The Buy to Let Broker
Clicks
16
1-
2
1
Sent to 1751 Landlords

Landlord Retention

Comms

The Landlord Journal - With re-design. Sent to Landlords every other month with the aim to inform, engage with our brand and provide unique investment opportunities both locally and nationally via our network.

Sent on 28/3/24

- Hot Topic
- Properties
- Regional Properties
- Email to Team
- The Buy to Let Broker
Clicks 9
3
1
2
1
Sent to 474 Landlords

Landlord Retention Project Charm

Thornley Groves Julian Wadden Matthews of Chester Sent to 3068 818 338 Email link clicks 7.8% 11.2% 8.9% Survey Discussions 148 42 18 Survey Completions 111 30 12

Landlord Retention

Social Media

Continuously promoting the best rental properties we have available to ensure they recieve maximum exposure online.

A Facebook series advising tenant why renting can be better than buying. Therefore, encouraging tenants to consider their situation and potentially resulting in more tenant interest in our rental properties.

Posting the hot topics from the landlord journal as well as great investment opportunities.

Photos with thank you gifts and positive reviews from our landlords.

Landlord/Vendor Re-engagement

Social Media

A Facebook post series advising landlords how they can boost their kerb appeal to increase their tenant enquiries.

Comms Abode Winter Abode Email 1/Introduction - sent to Vendors, Buyers, Landlords and Tenants Sent to TG - 88142 JW - 41864 MOC - 2750 Clicks TG - 465 JW - 345 MOC - 31 to Digital Magazine on website

Brand Awareness
Brand Awareness Comms Abode Winter Abode Email 2 Feature Highlights - sent to Vendors, Buyers, Landlords and Tenants Sent to TG - 88819 JW - 48877 MOC - 2842 Clicks TG - 322 JW - 319 MOC - 6 to Digital Magazine on website
Brand Awareness Comms Abode Winter Abode Email 3 Local Spotlight - sent to Chester Vendors, Buyers, Landlords and Tenants Sent to MOC - 2961 Clicks MOC - 44 to Digital Magazine on website MOC - 46 to properties for sale

Brand Awareness

Social Media

Users reached across all Thornley Groves social media platforms

Facebook: 29,948

Instagram: 31,270

LinkedIn: 7,174

TikTok: 9,141

Total: 77,533

Users reached across all Julian Wadden social media platforms

Facebook: 75,197

Instagram: 3,996

LinkedIn: 4,672

TikTok: 52,089

Total: 135,953

Users reached across all Matthews of Chester social media platforms

Facebook: 11,160

Instagram: 8,250

LinkedIn: 1,796

TikTok: 13,719

Total: 34,925

Brand Awareness

Thornley Groves top performing posts

Brand Awareness

Julian Wadden top performing posts

Brand Awareness

Matthews of Chester top performing posts

Brand Awareness

Social media ads

Thornley Groves, Julian Wadden & Matthews of Chester

Book a valuation call to action targeting potential buyers in our branch locations as well as from our email database.

Impressions

TG: 15,955

JW: 20,370

MOC: 21,468

Click through

TG: 147

JW: 150

MOC: 174

Brand Awareness

Social Media

Lomond awards post celebrating our winner and the great work they’ve done over the last year.

Lomond Quarterly Insights reel post on LinkedIn providing our audience with market updates, business updates etc.

All Abode posts from the social media plan including Matt’s market update, Chester area tour and our high end properties available.

MOC Valentine’s Day giveaway with a popular local hotel.

Meet the team posts with Amber Gelling and Tom Bell

UK House Price Index

Coverage Count: 10 articles

AVE: £2,904.48

Reach: 816,763

Ed Phillips PR

Interest Rate

Coverage Count: 14 articles

AVE: £17,105.76

Reach: 119,500

Total Coverage: 27 articles

Total AVE: £22,352.4

Total Reach: 938,352

Budget

Coverage Count: 3 articles

AVE: £2,342.16

Reach: 2,089

Future FTB House Prices

Coverage Count: 11 articles

AVE: £4,458.24

Reach: 216,880

How much? A baby born today may have to pay more than £500,000 for its first home

Easter Road

Names

Coverage Count: 5 articles

AVE: £1,232.61

Reach: 49,304

The Easter-Related Road Name That Has Seen House Prices

Hop By 315% In A Year

Analysis undertaken by Lomond, a UK estate and letting agency group, suggests that by the time a child born today reaches the age of 31 (the average age of a first-time buyer), the average price of a first home will be £503,584, an increase of 111.9%.

‘It seems quite unbelievable that a baby born today could face paying half a million pounds for their first home, but you would probably have thought the same 30-odd year ago had someone told you the price of property today,’ says Ed Phillips, Lomond CEO.

Total Coverage: 16 articles

Total AVE: £5,690.85

Total Reach: 266,184

The latest research by Lomond, one of the UK’s largest estate and letting agency groups, has revealed that one Easter-related road name has seen a 315% annual increase in the average sold price

Lomond PR
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