January 2024 Monthly UK Domain Sales Report
Hello, and welcome to the January 2024 edition of the UK domain name sales report!
For those of you that haven’t been here before, every month I give an overview of all the interesting bits from publicly reported UK domain name sales.
You can read all previous UK domain name sales reports, which are powered by sales data collated from Domain Sales History.
If you have sold any UK domain names or are aware of any sales that do not exist in the database, please do get in touch and let me know.
Have you read last months sales report?
If you haven't done so already, I recommend reading the December 2023 Monthly Sales Report as we compare sales data frequently throughout this report.
With that shameful self-promotion out of the way, let's move on to this months sales report!
January 2024 UK domain sales overview
Lets have a very brief overview of the UK domain market over the last month...
The following table shows a breakdown of key data comparing this months sales data against last month.
| Month | Total Sales | .uk | .co.uk | .org.uk | LLL | Total Value |
|---|---|---|---|---|---|---|
| January | 209 | 77 | 116 | 16 | 67 | ¤54,920 |
| December | 143 | 29 | 98 | 16 | 19 | ¤46,127 |
Total Sales Revenue
There were 209 reported domain sales this month, generating a total revenue of ¤54,920.
The total revenue of the top 10 sales this month was ¤32,236 (+5%)
Domain sales grouped by extension
Lets take a look at how many domains were sold per extension in January 2024.
The best way of achieving that is to group the sales by extension, then sort them into descending order, which gives us:
- 116 .co.uk (+18)
- 77 .uk (+48)
- 16 .org.uk (=)
Coming out on top this month is the .co.uk extension with 116 sales.
LLL domain sales
There were 67x LLL's sold this month, which is +253% on last months tally of 19.
Breaking LLL sales down by extension gives us 7x .co.uk, 60x .uk.
erg.co.uk was the top selling LLL this month, with a price of £916 sold via Domainlore.
For those of you that don't know, LLL means a three letter domain. If it contains a number (or hyphen) it does not qualify as an LLL.
What was the longest domain that sold in January 2024?
For some reason, I like to keep an eye on what the longest domain is each month.
This month it was prestigeparkandleisurehomes.co.uk with 27 characters, selling for £130 via Domainlore.
Top 3 UK domain names sold in January 2024
Sedo came in gold this month, and Domainlore took both silver and bronze.
- In 1st place this month we have gj.co.uk, selling for $9,415 via Sedo.
- mood.co.uk comes in 2nd, selling for £4,800 via Domainlore.
- Finally, in 3rd place we have sevenoaks.co.uk, selling for £3,300 via Domainlore.
Top 10 UK domain names sold in January 2024
| No. | Domain | Price | Platform | Extension | Length |
|---|---|---|---|---|---|
| 1 | gj.co.uk | $9,415 | Sedo | .co.uk | 2 |
| 2 | mood.co.uk | £4,800 | Domainlore | .co.uk | 4 |
| 3 | sevenoaks.co.uk | £3,300 | Domainlore | .co.uk | 9 |
| 4 | mylicence.org.uk | £3,150 | Domainlore | .org.uk | 9 |
| 5 | ghostwriter.co.uk | £2,950 | Domainlore | .co.uk | 11 |
| 6 | ProlificLondon.co.uk | £1,925 | Domainlore | .co.uk | 14 |
| 7 | deafcouncil.org.uk | £1,916 | Domainlore | .org.uk | 11 |
| 8 | area-codes.org.uk | £1,675 | Domainlore | .org.uk | 10 |
| 9 | ramadan.co.uk | £1,605 | Domainlore | .co.uk | 7 |
| 10 | NX.uk | £1,500 | Flip | .uk | 2 |
Although Sedo sits at the top of the tree, the top 10 is dominated by Domainlore with 8 domains sold.
Domain sales grouped by platform
Here I list the top sale from each platform to try and promote each platform as best I can - even if they don't hit the top sales figures.
Platforms are ordered alphabetically.
Domainlore sales in January 2024
Domainlore reported 125 sales this month, with a total sales revenue of £42,477.
The the top selling domain this month was mood.co.uk, which sold for £4,800.
View all Domainlore sales from January 2024
Flip sales in January 2024
Flip reported 83 sales this month, with a total sales revenue of £3,028.
The the top selling domain this month was NX.uk, which sold for £1,500.
NX.uk has sold 1 time before, most recently selling for £1,600 via Domainlore back in September 2020.View all Flip sales from January 2024
Sedo sales in January 2024
Sedo reported 1 sale this month, gj.co.uk, which sold for $9,415.
The details of the sale were published by DomainGang.com
Top Performing Sales Platforms for January 2024
I like to believe that “Top Performing” is a relative phrase. Some sales platforms have been around longer and have earned a loyal customer base. Other sales platforms (like Sedo) sell a broad range of domain extensions and naturally receive a larger viewership, meaning more potential buyers which can inflate the eventual sale price.
You also need to remember that Sedo charges 15% sales commission (at time of writing) for marketplace domains. The buyer is also expected to pay a 3% handling fee for any domain purchases over 500 USD / GBP / EUR when using Alipay, PayPal, and Credit Card.
(The below table is ordered alphabetically as that seems the most sensible).
| Platform | Sales | Revenue | Avg. Sale Price |
|---|---|---|---|
| Domainlore | 125 | £42,477 | £339 |
| Flip | 83 | £3,028 | £36 |
| Sedo | 1 | $9,415 | $9,415 |
Domainlore closed the month with 125 sales. Total revenue was £42,477, which gives us an average of £339 per domain.
Flip reported 83 sales this month. Total revenue was £3,028, with an average domain price of £36.
Sedo closed the month with 1 sale. Total revenue was $9,415, which gives us an average of $9,415 per domain.