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@DFP
Ouch.
Its nice that the frames so mint & coming from its original owner. But indeed its just a budget 80's bike. Most raleighs were made of reynolds 501/531 and youd struggle to sell one for more than £50
A low-end falcon falls in the same category as a 80's BSA, heavy & with slack geometry they can be built up into fairly nice kitsch/retro tourers/town bike. But really a fair price would be something like £25 (<£10 at car boot/jumble)
But its fairly nice looking, so Id bung it on ebay and add keywords like "cool fixie" and you might get a £50+