Re: Ransomes' wealth

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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.


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