|Bid||614.20 x 0|
|Ask||614.40 x 0|
|Day's range||590.20 - 614.80|
|52-week range||373.10 - 710.60|
|Beta (5Y monthly)||0.65|
|PE ratio (TTM)||39.91|
|Earnings date||26 Feb 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||30 Apr 2020|
|1y target est||466.31|
The quaint celebrity hotspot of Bruton in Somerset saw the biggest surge in home buyers this year as the pandemic shifted priorities to picturesque rural areas with more space, new data shows. Buyer searches in the town, which is home to 3,000 people, jumped 72pc year-on-year, according to property website Rightmove. These home seekers might be hoping to follow former Chancellor George Osborne, who this summer bought a £1.6m Georgian mansion in Bruton. He joined a gilded list of locals that includes gallerists Iwan Wirth and Manuela Hauser and fashion designers Alice Temperley and Stella McCartney, who owns a farm in a nearby valley. Vogue has dubbed the town “the new Notting Hill”. But Bruton’s appeal is not all about star power. Its surge in popularity is part of a national trend as buyers look to relocate to remote destinations after lockdown. It was followed by Pitlochry in Scotland and Aylesford in Kent, where searches rose by 50pc and 48pc respectively.
Sellers have cut asking prices on homes for the second month in a row as the possibility of completing before the March stamp duty holiday deadline all but disappears. Asking prices in December fell by 0.6pc and was the second consecutive month of decline. However, price tags are still 6.6pc higher than 2019, according to property website Rightmove. The average asking price in December was £319,945, a £19,920 jump compared with this time last year, but a £2,080 fall from November. The price drop was most pronounced at the top of the market, where buyers benefit the most from the tax break. Sellers of four-bedroom detached houses or properties with five bedrooms or more cut asking prices by 1.4pc last month. Prices were still up 7.6pc over 12 months, but the shift suggested the boost of the tax break has begun to fade. Meanwhile, asking prices on entry-level properties (two-bedrooms or less) dipped by 0.1pc month-on-month. First-time buyers do not benefit from the stamp duty break because they already had an exemption up to £300,000.
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