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PostPosted: Sat Jan 15, 2005 8:16 pm 
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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

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PostPosted: Sat Jan 15, 2005 8:23 pm 
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Alex wrote:
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


Actually Alex I produced a more recent list with the data for Leeds amended to 35k but the one you posted is good enough. lol 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.

Best wishes

JD


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PostPosted: Sat Jan 15, 2005 8:52 pm 
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JD wrote:
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.

But as the council with the crapiest licensed vehicles in the country, then nothing coming out of their licensing department will ever surprise me.

Still that's one to save for OFT part 2. :wink:

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PostPosted: Sun Jan 16, 2005 4:53 am 
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 :twisted:


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PostPosted: Sun Jan 16, 2005 8:31 am 
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Gateshead Angel wrote:
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 :twisted:


lol u r one crazeeee sob angel hahahahaha u never cease to amaze me. I Have a very special Oscar lined up for you. lol

Best wishes

JD


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PostPosted: Sun Jan 16, 2005 9:46 am 
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Gateshead Angel wrote:
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.

Well then give us the real figure then. :?

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PostPosted: Sun Jan 16, 2005 12:45 pm 
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Quote:
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

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PostPosted: Sun Jan 16, 2005 2:23 pm 
captain cab wrote:
Quote:
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


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.

I can't wait to find out what "Oscar" I have been awarded :roll:

I must reiterate my point made earlier, I don't expect JD to be able to obtain wholly accurate figures, and to be honest I'm surprised he's obtained so many, all I'm asking him to do is properly explain that the figures quoted only represent the councils who maintain a total restriction policy and that in most cases plates were obtained by their current holders for a premium similar in value to what they are demanding currently.

What I state on here may not matter to him, but I'm sure that the T&G and NTA would pick up on the same points I have highlighted if he were to publish the report.

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

B. Lucky :twisted:


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PostPosted: Sun Jan 16, 2005 5:14 pm 
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Never mind though, I would just hate him to be wasting his time.


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.

regards

Captain cab

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PostPosted: Sun Jan 16, 2005 5:14 pm 
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Gateshead Angel wrote:
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.

The only reason sudo premiums appear in restricted areas, is because those councils don't treat all the same. As it would seem happens in Newcastle.

Where councils treat all drivers the same, then they don't appear, cos you would have to be one thick mother to pay them. :wink:

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PostPosted: Sun Jan 16, 2005 5:16 pm 
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captain cab wrote:
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. :sad:

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PostPosted: Sun Jan 16, 2005 5:16 pm 
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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

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PostPosted: Sun Jan 16, 2005 5:18 pm 
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So much for the workers united.



lol sussex, you must have been in the job too long :wink:

the trade shafts each other first, we all know that

regards

Captain cab

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PostPosted: Sun Jan 16, 2005 7:12 pm 
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captain cab wrote:
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


It also depends on what conditions are put on existing licences. What value do you put on a plate that more than likely will need a Wav attached to it sooner rather than later. How do you know local authorities havent got it into their head to make replacement vehicles WAV complient.

Some may think that paying 15 grand for a clapped out saloon because it has a plate attached is a little over the top. Would you pay 15 grand for something that has a market value of perhaps 3 or 4, even less in many cases?

Best wishes

JD.


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PostPosted: Sun Jan 16, 2005 7:27 pm 
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captain cab wrote:
Quote:
Never mind though, I would just hate him to be wasting his time.


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.


Halifax is spot on 70k plate only. If you want to test the theory go down there and make your own enquiries. I suppose you question the value in Liverpool, Manchester, Stockport, Salford, Tameside, Brighton etc.

You don't think I'm playing a guessing game here do you? Halton might play at guessing games but it takes people like me to point out to people like you that Halton got it wrong. There are a couple on that list that may change because I'm not entirely comfortable with the initial assesment but you can bet your bottom dollar when I say they are right they are right.

With regard to Mr Angel he talks a lot of bullchit, he did so as charlie and he does so as Angel so in my book he has excluded himself from being credible. If you care to take notice of what he says then that is your perogative but I suggest you read what he says and digest it very carefully otherwise you may find your credibility being brought into question.

Best wishes

JD


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