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

[Stu Holly]

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

 

[bensd]

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.

 

[Sound]

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

 

[Stu Holly]

I appreciate the info guys.

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

 

[Stu Holly]

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

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?

 

[dee]

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?

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 ?

 

[BG]

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?

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 :-(

 

[Stu Holly]

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 ?

Buying to re-sell initially, however I might develop into a casino

 

[Stu Holly]

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 :-(

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

 

[twostepsbehind]

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

 

[domainseller200]

I appreciate the info guys.

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

I think it’s a decent price.

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

 

[JMI]

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.

 

[bensd]

I appreciate the info guys.

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

Buying to re-sell initially, however I might develop into a casino

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.

 

[lazarus]

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.

Past sales data is a great resource to domain traders. To call it utter garbage is a little OTT.

 

[JMI]

Past sales data is a great resource to domain traders. To call it utter garbage is a little OTT.

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.

 

[JMI]

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...


Edit: Testimonial added to the homepage

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

 

[JMI]

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...


Edit: Testimonial added to the homepage

Ironic really (this is just one example I don't want to waste to much of my time on this) of how useless the data is on domainsaleshistory.uk because gold .co.uk data is incomplete and it was sold through here first and then somewhere else (I know because I was bidding on it when it first came up for sale) there are countless other examples so data is incomplete for many important sales, might as well stick all that data in notepad text file and spend some more time gardening.

 

[lazarus]

You are obviously entitled to your opinion. But from what I can see, it is not of the general community.

When I am scoping out a domain that has been sold once or even twice, It helps me decide my starting offer and top end. I use it several times per week to look at past sales if I am in researching mode. It is one of the biggest tools in my tool box. I'd even subscribe to such a resource.

I am really struggling to understand your arguments against actual raw sales data when at the same time you are promoting a domain estimation bot. I'd prefer cold hard factual data all day long vs something that is basically made up by an algorithm. In my opinion, sites like estibot are notoriously used by newbies to domain investing and definitely should not be taken seriously. Imagine a stock trader that does not make use of historic data to influence their trading.

You knew exactly by using your choice of words against someone's personal project would only set out to provoke and attack on a personal level. You could have said what you wanted to say in a constructive, civil and friendly way.

But... Lets all agree to disagree and not derail the OP's thread any longer...

 

[Stewart]

I have a NN.org.uk for sale less than £2000. Pm if interested.

 

[WalkinDude]

Value to buyer is a function of how confident you are of your intended project.
Value to seller is what can I do with the money I get for the domain.

This is the final point after all the usual considerations. Its actually incredibly difficult to 'overpay' for a domain name. If you pay and project fails doesn't mean you overpaid for the domain, doesn't mean it's the domain's fault, it means project failed. If project succeeds it doesn't mean you underpaid for the domain, it just means the project succeeded.