Where are you getting £1200/ acre? Higher than I would have expected, and indeed than a quick Google suggests.
Paid £1650/ac in 1986 for prime grade 2 land on the Sainted Isle. Would have thought 1974 would be less than £1000 tbh
Where are you getting £1200/ acre? Higher than I would have expected, and indeed than a quick Google suggests.
Paid £1650/ac in 1986 for prime grade 2 land on the Sainted Isle. Would have thought 1974 would be less than £1000 tbh
1958/59 not sure of exact year MF35 was £626 & we still have it !! Hangon tho thats old 240pennies in the pound money hmmm wonder whats thats equ to 1970s sterling?Same tractor in 1969 £800
1958-1975 would be about 32821 5p mars bars1958/59 not sure of exact year MF35 was £626 & we still have it !! Hangon tho thats old 240pennies in the pound money hmmm wonder whats thats equ to 1970s sterling?
Schoolboy error. It's price per hectare from a Hansard report.Where are you getting £1200/ acre? Higher than I would have expected, and indeed than a quick Google suggests.
See my editPaid £1650/ac in 1986 for prime grade 2 land on the Sainted Isle. Would have thought 1974 would be less than £1000 tbh
My dad bought a new Ford 4000 in 1969 for £850. Mum found the invoice a few months ago in the office,,,,,,and we still have it but it really only works the cement mixer these days!Same tractor in 1969 £800
52K would buy a tractor much better than a David Brown 990 with narrow door flexi cab, it did have a power loader which for the time was decent.So you could easily buy a new tractor, you would struggle to buy half a new tractor for the equivalent today
My aunt bought a new 3 bed bungalow in a village near Lincoln for £ 3750 in 1974.Been on google again average house price was just over £4K in 1974
Its hardly a shock revelation but houses must have gone up four fold in real terms.
Next snowy day, I must work out how many Mars bars it takes to buy an average house, over the last 50 years.
So to sum up, Dad was lucky to inherit £4K. If it actually existed of course.My aunt bought a new 3 bed bungalow in a village near Lincoln for £ 3750 in 1974.
Twas a fortune in it's day.So to sum up, Dad was lucky to inherit £4K. If it actually existed of course.
But not many people did.Our house in the village was £28k new, in 1979/80, when I was at school.
We paid £79k for it in 1991.
It stands at £340k today.
In 1982 we spent +/-£20k putting up a 90'x60' Dale shed, for cows and silage.
Shoudda gone to Specsavers, as they used to say.
I'm suprised because there was 6 of them & Grandad only started out as a steel worker. Then tenant farmer, then bought a farm.Twas a fortune in it's day.
Who bought it1969 our farm of 640 acres with sitting tenant on 1948 tenancy sold for £100,000. Agents wanted £120000 from my father who was joint tenant with his father and brother. He told them where to go.