Plate Value Database.

The information compiled in the plate value database reflects the values of plates in just 29 of the 123 authorities. This leaves 94 authorities that still have to be surveyed.

The highest accurate plate value so far obtained, is that of the controlled zone of Halifax in the District of Calderdale. Halifax has 37 Hackney carriages with a plate value of seventy thousand pounds. Plates have been known to change hands for eighty thousand pounds but the general consensus in the Halifax Taxi trade is that the plate values range between 70 and 80k, with this in mind the lower figure of 70k was used as the assessment for the plate value.

In 2003 Stockport plate values where 28k but because of uncertainty they are currently changing hands for 22k. It is estimated that the value will increase to at least its 2003 level should the council decide to keep its limitation policy.

Manchester's plate value of 50k has remained constant because of the council's current policy of restricting licenses to approximately 25 per year. This gives stability to plate values as long as that policy remains in force. Surrounding Authorities who have never in the past measured demand, such as Trafford, Salford, Tameside and Stockport have plate values in the low twenties.

Brighton & Hove voted on the 6th January 2005 to retain its numbers policy, the current plate value is 45k, this figure may well exceed 50k in the coming months.

Chelmsford's plate value two years ago was 40k but because of uncertainty it is now down to 20k.



Council Plate value Quota Total value
Liverpool £40,000 1417 £56,680,000
Manchester £50,000 854 £42,700,000
Brighton and Hove ua £45,000 484 £21,780,000
Newcastle on Tyne £25,000 819 £20,475,000
Bradford £55,000 224 £12,320,000
Blackpool. £45,000 256 £11,520,000
Leeds £20,000 402 £8,040,000
York ua £40,000 158 £6,320,000
Knowsley £15,000 240 £3,600,000
Sefton £13,000 271 £3,523,000
Wigan £25,000 136 £3,400,000
Halton ua £12,000 267 £3,204,000
Tameside £20,000 143 £2,860,000
Calderdale Halifax zone £70,000 37 £2,590,000
Stockport £22,000 114 £2,508,000
Trafford £22,000 103 £2,266,000
Eastbourne £25,000 84 £2,100,000
Chester £25,000 73 £1,825,000
Bath and North East Somerset ua £20,000 90 £1,800,000
Salford £22,000 78 £1,716,000
Oldham £20,000 85 £1,700,000
Chelmsford £20,000 82 £1,640,000
Warrington £15,000 109 £1,635,000
Blackburn And Darwin £20,000 64 £1,280,000
Worthing £20,000 60 £1,200,000
Bolton £11,000 104 £1,144,000
St Helens £12,000 63 £756,000
Hastings £15,000 48 £720,000
Ellesmere Port £13,000 40 £520,000

Total so far £221,822,000

By the way, expect Blackpool to go higher because according to their head of licensing they are not going to be bullied into de limiting by the DFT. Makes you wonder who is setting the policy in Blackpool the licensing department or the councillors.

Sorry to cause an nuisance, but are the Newcastle figures quoted for the always restricted saloon plates or the re-restrcited WAV plates, both have different values, then is part of the figure inclusive of a station permit or even an airport brief.

Also it was suggested that in your Halifax price, the cost of a vehicle could also be included, so you would need to deduct the cost of the vehicle to find the true plate price.

It also irritates me that no mention is made where a council allows only WAVs to be licensed without restriction but mainatins a restriction on the number of saloon plates and therefore upholds a premium, something I know you don't want mentioned within this report.

B. Lucky

Sorry to cause an nuisance, but are the Newcastle figures quoted for the always restricted saloon plates or the re-restrcited WAV plates, both have different values, then is part of the figure inclusive of a station permit or even an airport brief.

Sorry to cause an nuisance, but are the Newcastle figures quoted for the always restricted saloon plates or the re-restrcited WAV plates, both have different values, then is part of the figure inclusive of a station permit or even an airport brief.

lol Mr Angel, thats far too complex

In Newcastle, you'd need the price of;

a saloon hack

a saloon hack on the central station

a saloon hack on the airport

a wav

a wav on the central station

a wav at the airport

then you got to consider that the airport has cabs from all over the north east, some of who dont limit numbers

good point though

regards

Captain cab

Never mind though, I would just hate him to be wasting his time.

I tried not to make it that complicated, just wanted to point out that more than one "premium" needed to be paid whaich could be included with the plate fee.

This whole article is intended to show that restrictions cause premiums and in areas of derestriction premiums don't exist, and we all know that isn't true.

lol Mr Angel, thats far too complex

In Newcastle, you'd need the price of;

a saloon hack

a saloon hack on the central station

a saloon hack on the airport

a wav

a wav on the central station

a wav at the airport

So much for the workers united.

yes sussex, but there is a valid point here, when a council usually delimits they insist on WAVs, therefore the saloons licensed as HCs tend to have a value attached.

the point is relevant.

regards

Captain cab

the info JD gives is always of interest, the plate values are dependent upon the cab that goes with them, but the figures given are a useful guideline.

I dont think JD would expect us all to believe that they are 100% accurate, given the facts you point out, and what has been pointed out by Yorkie in the past, but they are a useful rule of thumb, the guy needs congratulated for his commitment.