Value of £1 from 1805 to 1832
£1 in 1805 is equivalent in purchasing power to about £0.77 in 1832, a difference of £-0.23 over 27 years. The pound had an average deflation rate of -0.96% per year since 1805, producing a cumulative price change of -22.90%.
This means that prices in 1832 are 22.9% lower than average prices since 1805, according to the Office for National Statistics composite price index.
The inflation rate in 1805 was 15.93%. The inflation rate in 1832 was -7.34%. The 1832 inflation rate is lower compared to the average inflation rate of 2.61% per year between 1832 and 2024.
⌃
| Cumulative price change | -22.90% |
| Average inflation rate | -0.96% |
| Converted amount £1 base | £0.77 |
| Price difference £1 base | £-0.23 |
| CPI in 1805 | 13.100 |
| CPI in 1832 | 10.100 |
| Inflation in 1805 | 15.93% |
| Inflation in 1832 | -7.34% |
| £1 in 1805 | £0.77 in 1832 |
Buying power of £1 in 1805
This chart shows a calculation of buying power equivalence for £1 in 1805 (price index tracking began in 1750).
For example, if you started with £1, you would need to end with £0.77 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
According to the Office for National Statistics, each of these GBP amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1805 amounts in 1832 pounds, based on the -22.90% change in prices:
| Initial value | Equivalent value |
|---|---|
| £1 pound in 1805 | £0.77 pounds in 1832 |
| £5 pounds in 1805 | £3.85 pounds in 1832 |
| £10 pounds in 1805 | £7.71 pounds in 1832 |
| £50 pounds in 1805 | £38.55 pounds in 1832 |
| £100 pounds in 1805 | £77.10 pounds in 1832 |
| £500 pounds in 1805 | £385.50 pounds in 1832 |
| £1,000 pounds in 1805 | £770.99 pounds in 1832 |
| £5,000 pounds in 1805 | £3,854.96 pounds in 1832 |
| £10,000 pounds in 1805 | £7,709.92 pounds in 1832 |
| £50,000 pounds in 1805 | £38,549.62 pounds in 1832 |
| £100,000 pounds in 1805 | £77,099.24 pounds in 1832 |
| £500,000 pounds in 1805 | £385,496.18 pounds in 1832 |
| £1,000,000 pounds in 1805 | £770,992.37 pounds in 1832 |
How to calculate inflation rate for £1, 1805 to 1832
Our calculations use the following inflation rate formula to calculate the change in value between 1805 and 1832:
CPI in 1832 CPI in 1805
×
1805 GBP value
=
1832 GBP value
Then plug in historical CPI values. The U.K. CPI was 13.1 in the year 1805 and 10.1 in 1832:
10.113.1
×
£1
=
£0.77
£1 in 1805 has the same "purchasing power" or "buying power" as £0.77 in 1832.
To get the total inflation rate for the 27 years between 1805 and 1832, we use the following formula:
CPI in 1832 - CPI in 1805CPI in 1805
×
100
=
Cumulative inflation rate (27 years)
Plugging in the values to this equation, we get:
10.1 - 13.113.1
×
100
=
-23%
Data source & citation
Raw data for these calculations comes from the composite price index published by the UK Office for National Statistics (ONS). A composite index is created by combining price data from several different published sources, both official and unofficial. The Consumer Price Index, normally used to compute inflation, has only been tracked since 1988. All inflation calculations after 1988 use the Office for National Statistics' Consumer Price Index, except for the current year, which is based on The Bank of England's forecast.
You may use the following MLA citation for this page: “£1 in 1805 → 1832 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 1 Nov. 2024, https://www.officialdata.org/uk/inflation/1805?amount=1&endYear=1832.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
| Cumulative price change | -22.90% |
| Average inflation rate | -0.96% |
| Converted amount £1 base | £0.77 |
| Price difference £1 base | £-0.23 |
| CPI in 1805 | 13.100 |
| CPI in 1832 | 10.100 |
| Inflation in 1805 | 15.93% |
| Inflation in 1832 | -7.34% |
| £1 in 1805 | £0.77 in 1832 |