Thanks Chris, this is really interesting data. What mechanism is there for hearing from people about private sales and including them in your stats (such as the
all-year tables, which are incredibly detailed)?
I am currently in the process of building a public API which will allow me to simplify this kind of process.
I believe I now have the API functionality in place so I can build forms for user submitted domain sales. These forms will eventually be found on the app, the blog, and even in something like a chrome extension to remove obstacles and helping to simplify the user experience.
Obviously there can quite often be an agreement not to release sale prices of private sales, because it might weaken the flip/price bargaining for that domain afterwards.
I have heard of this argument before, but I don't personally see how a previous sale of the same domain would inhibit any future potential sale price. The price is defined by what both the buyer and seller are happy with.
I have had private messages in the past containing their private sales, but have asked not to share the details. I obviously respect these wishes and I always will do, but I personally think this is
more damaging to the UK namespace as a whole.
I sold a .co.uk and .uk pair for $750 earlier this year, after an unsolicited approach via GoDaddy. I guess GoDaddy private sales are impossible to monitor unless they are individually reported.
As far as I'm aware GoDaddy don't publish sales info publicly? If you ever hear otherwise, do let me know and I will look at integrating the sales data into the app.
I just register domains for my own use, unless I get bored with one, or someone offers me a silly price. But for commercial domainers, your site must be really interesting, the way it monitors and reports.
Your data is SUCH a useful insight into the secondary domain market. A lot of hard work!
I genuinely hope it is useful. As I have mentioned before, I originally built it for me, and that stands true today. You won't believe how useful it has been for me to learn and grow as a developer. It's certainly a good portfolio piece on the CV - even if it is a bit geeky.
I agree with you that bewell.uk seems a surprising price, considering there are plenty of similar names dropping each month, and available. I guess maybe it was a company already set up with that name. Who knows! Or the buyers had no real idea of prices, and the platform was able to get that price for the seller.
There is so much about domain sales which seems unpredictable. It will be interesting over time to see if .uk prices firm up as the public gets used to seeing more of them around. Also the general direction of all UK domain prices. Your website is really helpful.
I am hoping that all the hard work up to this point and beyond, as well as regular sales reports, blog posts, and maybe some industry interviews with familiar names and faces might help raise the profile of .uk names and their prices? There's obviously a long way to go, and I am more than aware I can't do this alone.