How much exactly did property cost, back in the 1790's? Well, the British National Archives has an online currency convertor now, and it is stupendously simple to use. I am interested in the Inverneil estate of Knapdale (from whence came most of my Highland ancestors), and have found, in the Inverneil Estate Papers, the cost of the 4 estates purchased back in the 1780s, and the rental totals for the year 1791.
Thus, Major General Sir Archibald purchased the Knap Estate in 1776 for L4852.2.8, or in today's terms, L304,956. He was, at the time, a prisoner of the Americans, by the way. The rental income for that Knap Estate was - in 1791, L15,502. *
The Inverneil Estate project will not be on Knapdale People website until the end of this weekend.
* I am using "L" to signify the British Pound symbol.
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