Capital Gain on rental property after death of wife

Hello We owned a rental property in joint names. My wife died in June 2024. I am now selling the property. For capital gains purposes: Property was bought in joint names in 2018 for 250000 Property now being sold for 350000 Gain 100000 What do I show as the purchase price for my cgt report? Is it half of the price paid in 2018 plus half of the value when my wife died and I inherited her share? Also do I have to show the disposal price as 350000 being the full amount its sold for or just half of that? Sorry im a bit confused! Thank you

Hi,
You will take your half share when initially purchased, and then the half share of the value when your wife died. When added together, this is your purchase price. As you are now the sole owner and you are selling all of the property, it is the full £350000 that you show as the disposal price.
Thank you.