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Sedo's FREE price suggestion

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How reliable is the FREE domain price suggestor on sedo? i dont really bother too much with sedo if i am honest but just requested a price suggestion on akita.org.uk and it said 2,000-2,999 GBP.
 
Appraisals are mostly used to scam new domainers or domain owners.

Automatic appraisals are worthless and can only lead to buyer or seller frustration.
 
The tool is meant to be a marketplace guide/suggestion based on criteria such as search volume, keywords, bids, cpc, tlds available etc etc. It is a starting point at least. Ultimately a domain is worth what a buyer wants to pay for it
 
When sedo says that a domain is worth $100 no buyer will pay $1000.
 
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