£100 in 1753 → £20,855.28 in 2017

UK Inflation Calculator

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UK Inflation Rate, 1753-2017 (£100)

According to the Office for National Statistics composite price index, the pound experienced an average inflation rate of 2.04% per year. Prices in 2017 are 20755.3% higher than prices in 1753.

In other words, £100 in the year 1753 is equivalent in purchasing power to £20,855.28 in 2017, a difference of £20,755.28 over 264 years.

The inflation rate in 2017 was 2.53%.

Inflation from 1753 to 2017
Cumulative price change 20755.28%
Average inflation rate 2.04%
Price difference (£100 base) £20,755.28
CPI in 1753 5.1
CPI in 2017 1063.61928


UK inflation chart from 1988 to 2017. Based on the UK Consumer Price Index.


How to calculate the inflation rate for £100, 1753 to 2017

This inflation calculator uses the following inflation rate formula:

CPI in 2017 / CPI in 1753 * 1753 GBP value = 2017 GBP value

Then plug in historical CPI values. The UK CPI was 5.1 in the year 1753 and 1063.61928 in 2017:

1063.61928 / 5.1 * £100 = £20,855.28

£100 in 1753 has the same "purchasing power" as £20,855.28 in 2017.


Inflation Data Source

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 2017, which is based on The Bank of England's forecast.

You may use the following MLA citation for this page: “1753 pounds in 2017 | UK Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 26 May. 2018, https://www.officialdata.org/1753-GBP-in-2017.


» Read more about inflation.