From an ancestor's will I received, a daughter of the deceased received an annuity of 50 British pounds from the estate. The will is dated 1847. Can anyone advise as to whether this was a large amount or what this might possibly be equivalent to in today's terms? The other daughter of the deceased received a couple of parcels of land so I'm curious to see if one daughter outbested the other. The daughter receiving the land was mentioned quite fondly throughout the will.
Thank you!
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Thread: Value of Estate
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15-05-2008, 2:18 PM #1caliopeGuest
Value of Estate
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15-05-2008, 2:26 PM #2Sue Mackay
Insanity is hereditary - you get it from your kids
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15-05-2008, 2:30 PM #3salcatGuest
found this
https://www.measuringworth.com/ukcompare/
which suggests anything between £3000 and £100,000 depending what you compare (prices, average earnings etc)
HTH
S
They can do other currencies tooLast edited by salcat; 15-05-2008 at 2:32 PM. Reason: addition
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15-05-2008, 2:45 PM #4birdlipGuest
From Liza Picard's wonderful book 'Victorian London';
The Retail Price Index, how much you could buy in todays prices with one pound then..
1847 44.98
So 50 pounds x 44.98 = 2250 pounds or thereabouts.
42 pounds was the annual wage of a manservant, and 90 pounds the annual salary of a Junior Clerk, second class, in the Post Office. 6s 6d would buy a crinoline, and 16s an umbrella though, so I suppose an annuity of 50 pounds would go a long way, if the recipient didn't actually have to LIVE on it, and was using it as an allowance for clothes etc.
regards birdlip
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