Posted by Peter Ceresole on November 24, 2013 at 22:53:00 user PeterC.
In Reply to: Re: Ransomes' wealth posted by Peter Roche on November 24, 2013 at 20:53:11:
According to his Will AR left Sixty-seven thousand pound when he died in 1967. I wonder how much that would be in today's money?
According to an online calculator, based on RPI, just under a million pounds.
real price of that commodity is £997,900.00
labour value of that commodity is £1,948,000.00
income value of that commodity is £2,183,000.00
I have no idea how valid those calculations are, but they seem to be reasonable.