Devil's advocate
Member
- Location
- Posh side of Barnsley
Just found an old will from 1974
£4,000 mentioned was that a lot of money in 1974? what would it buy?
£4,000 mentioned was that a lot of money in 1974? what would it buy?
£4000 in 1974
- Thread starter Devil's advocate
- Start date
a MF 168!
Devil's advocate
Member
- Location
- Posh side of Barnsley
According to google £52K in todays money.
Explains why my parents had an N reg Vauxhall Victor & an N reg David Brown 990 with flexi cab & loader.
Explains why my parents had an N reg Vauxhall Victor & an N reg David Brown 990 with flexi cab & loader.
renewablejohn
Member
- Location
- lancs
Our terraced house in Birmingham cost 7500 in 1980
Or a reasonable family car with 40,000 mars bars in it…
Farmland about £1200 per hectare, so say 3 hectares. Today say £ 24500 per hectare.so land would have been a great investment. Your £4000 would now be worth £73500. Edited to change original from acres to hectares see #poorbuthappy post no. 19
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- Location
- Ceredigion
So you could easily buy a new tractor, you would struggle to buy half a new tractor for the equivalent today
Accountant always says you can make land look a good investment or otherwise by choosing carefully when it was bought and sold.
A Ford 4600 was around 4k in 1975/6, a couple of years later you could sell them for what you'd paid because there was a waiting list and Q cabs/rampant inflation had pushed prices on.
A Ford 4600 was around 4k in 1975/6, a couple of years later you could sell them for what you'd paid because there was a waiting list and Q cabs/rampant inflation had pushed prices on.
spark plug
Member
Don’t forget mars bars where a lot bigger back then too.
Or is it that as kids, we were smaller?
Northernlights
Member
- Location
- NE Scotland
Same tractor in 1969 £800Mf 135 with cab was about £4800 when dad bought it in 1977, but they had shot up in price apparently, sounds familiar
- Location
- LINCOLNSHIRE/KENYA
£16000 in 1973 bought 52 acres and a house. My Dad picked me up from the school bus telling me he’d bought me a farm. I was a bit upset to find it was a real one not one I could use with my Britains tractors.
- Location
- Devon
Where are you getting £1200/ acre? Higher than I would have expected, and indeed than a quick Google suggests.
- Location
- fakenham-norfolk
Booked a couple of seats on Concorde for 1976,for wife,girlfriend,mistress.!!!