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Looking to buy a NN.co.uk domain and need advice

Discussion in 'The Bar' started by Stu Holly, Jan 29, 2021.

  1. Stu Holly United Kingdom

    Stu Holly Active Member

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    Hi,

    I am looking for a bit of advice, I am looking to buy a NN.co.uk domain and would like to now how much I should be paying ( roughly ). I have a price in mind and so does the seller, however I am after a general price point for a NN.co.uk domain.

    Any help would be much appreciated.

    Thanks
     
  2. CatchDrop

    CatchDrop Active Member

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    Check out domainsaleshistory.uk
     
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  3. bensd United Kingdom

    bensd Well-Known Member

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    I’m not sure there have been enough sold to provide a solid guide price. If you’ve already negotiated a price you’re happy with then go for it.
     
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  4. Sound United Kingdom

    Sound Well-Known Member

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    The difference in price between the best and worse will be great in terms of pounds you cant compare names like it.co.uk and yx.co.uk
     
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  5. Stu Holly United Kingdom

    Stu Holly Active Member

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    I appreciate the info guys.

    Do you think £6k is ok amount to pay for a NN.co.uk?
     
  6. seemly

    seemly Well-Known Member

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    Unless it is a popular pairing, then probably not (in my opinion).

    Something along the lines of:

    11.co.uk - Bingo reference, for legs (legs 11)
    13.co.uk - Unlucky for some
    22.co.uk - Bingo reference "2 little ducks"
    23.co.uk - basketball reference
    69.co.uk - Explanation not required?
    99.co.uk - Ice cream

    There aren't many 'nn' sales to use for research.

    https://domainsaleshistory.uk/sales?character_type=number&length=2&order_by=price&order=desc
     
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  7. Stu Holly United Kingdom

    Stu Holly Active Member

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    Going off .com sales, NN.com would have value no matter what the pairing, why is this different for NN.co.uk? So there is no value unless it means something?
     
  8. dee

    dee Well-Known Member

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    Its like anything, its worth what someone is prepared to pay. So 21 or 69 will have many more people interested than 71 or 93. Are you buying to resell or to brand ?
     
  9. BG United Kingdom

    BG Well-Known Member

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    The sole difference between nn.com and nn.co.uk /.uk; and 'any' comparison when it comes to '.co.uk/.uk' V's '.com'.. is that .com has always been deemed as having global appeal / presence, whereas .co.uk / .uk is just a UK presence e.g. .com can play both sides of the fence whereas .co.uk/.uk is just the one side :-(
     
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  10. Stu Holly United Kingdom

    Stu Holly Active Member

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    Buying to re-sell initially, however I might develop into a casino
     
  11. Stu Holly United Kingdom

    Stu Holly Active Member

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    So even though .co.uk is one sided, is there still no minimum value a NN.co.uk would command?
     
  12. twostepsbehind United States

    twostepsbehind Active Member

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    As I’ve got one for sale, I’d say pay whatever you’re comfortable with

    Some nn domains are quite rare like 11, 22, 33, and so on, so it would be best to use your own judgement and base it on whatever your business plan is
     
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  13. domainseller200 United Kingdom

    domainseller200 Well-Known Member

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    I think it’s a decent price.

    I have one for sale lower than £6k. If you’re interested, feel free to message me.
     
  14. JMI

    JMI Active Member

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    I bought 99.co.uk on DL for a project as it was so incredibly memorable (98.co.uk went for a little less but 99 is 10x better domain).

    Out of the blue I had a phone call on Xmas day morning and sold it to a desperate Chinese investor for £££££ an offer I could not refuse. 9 is a very important number culturally. If your happy and is a must have for your project then 6k is really nothing in the grand scheme.

    This statement is going to upset a few people. Sites showing domain sales history are utter garbage, the data is generally worthless and meaningless in the context of the final application of the domain and you should stay well clear of using them as a finite measure to value domain purchases especially using filters like averages. Domain sales are extemely unique unlike other more common commodities which have pricing consistency. Its old data looking into the past the most important point is no one knows "why" someone paid the price for a domain at the time (unlike when someone buys a loaf of bread), and we all know if you ask 10 domainers to value a domain, you'll get 10 different valuations, and what you see being sold for £50 or £1000 this week is often sold for much more and never reported.
     
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  15. bensd United Kingdom

    bensd Well-Known Member

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    If you’re the end user then £6k should be a minimal investment for your new business.

    However, if you’re buying to resell IMO that are a lot better domains to invest in.
     
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    Last edited: Jan 30, 2021
  16. seemly

    seemly Well-Known Member

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    Thanks for the testimonial. I'll add it to my site later.

    As I said, there isn't much UK sales data to go by but it can be used as a reference and/or a guideline. Decide for yourself if there are any common trends when you take into consideration: length, hyphens, strings/numerical, extension, etc.

    I would trust your own instinct of coming up with a price using factual data and potential common trends, rather than:

    "Out of the blue I had a phone call on Xmas day morning and sold it to a desperate Chinese investor for £££££ an offer I could not refuse."

    So, yeah. Take the advice from the guy with a free domain evaluation tool in his signature... :rolleyes:


    Edit: Testimonial added to the homepage
     
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    Last edited: Jan 30, 2021
  17. lazarus

    lazarus Super Moderator Staff Member

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    Past sales data is a great resource to domain traders. To call it utter garbage is a little OTT.
     
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    Last edited: Jan 30, 2021
  18. DJ

    DJ Well-Known Member

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    You might be better of messaging a couple of the more experienced and trusted members with the actual domain to get an accurate opinion?

    Good luck either way!
     
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  19. JMI

    JMI Active Member

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    How many people rush to domain sales history sites before making purchases on Flip, Acorn or DL..about as much use as looking at Wiki Biggest Domain Sales before you buy that £75 LLL.. I guess it possibly might offer some kind of resource for newbs.
     
  20. JMI

    JMI Active Member

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    I like that. Can you put a link to the free tool at least?
     
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