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Value of will from 1884 help please ??

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Solar

Solar Report 24 Jan 2012 11:17

Hi

An ancestor of mine left a will in 1884 leaving £1,070 does anyone know how I can convert this into today market value?

Many thanks, Sarah
:-S

KempinaPartyhat

KempinaPartyhat Report 24 Jan 2012 11:46

Two kind people on here gave me these

http://www.nationalarchives.gov.uk/currency/

http://www.thisismoney.co.uk/money/bills/article-1633409/Historic-inflation-calculator-value-money-changed-1900.html

Chris in Sussex

Chris in Sussex Report 24 Jan 2012 11:46

Two sites for conversion...

http://www.nationalarchives.gov.uk/currency/

http://projects.exeter.ac.uk/RDavies/arian/current/howmuch.html

Chris

Researching:
Avatar...My darling Dad. 1931-2019 'Take nothing on its looks, take everything on evidence. There is no better rule' Charles Dickens, Great Expectations. 'A brickwall is a problem that you haven't solved yet' Dave Annal http://media.nationalarchives.gov.uk/index.php/brick-walls-and-lost-ancestors/

InspectorGreenPen

InspectorGreenPen Report 24 Jan 2012 12:23

I use Purchasing Power - UK£ in this site:-

http://www.measuringworth.com/

Solar

Solar Report 25 Jan 2012 19:51

Hi all, many thanks for your replies. Coverts to approx £99,300 today so not bad at all.
Thanks again :-)

InspectorGreenPen

InspectorGreenPen Report 26 Jan 2012 06:50

Also what I find interesting, is because average earnings were considerably lower then, compared to income it would have appeared much like £400,000 does to us today.....!

Solar

Solar Report 26 Jan 2012 21:55

Wow that is interesting, another note for my tree.
Thank you