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Thread: Value of Estate

  1. #1
    caliope
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    Question Value of Estate

    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!

  2. #2
    Super Moderator Sue Mackay's Avatar
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    Sue Mackay
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  3. #3
    salcat
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    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 too
    Last edited by salcat; 15-05-2008 at 2:32 PM. Reason: addition

  4. #4
    birdlip
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    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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