Hi thinktanker. Welcome to WebmasterWorld. Don't mind the edits, it's common for noobs to think "this is like any other domain domain", but it isn't. Please read the Domain Forum Charter before posting again:
[webmasterworld.com...]
Most people have registered domains "at a loss". The trick is not keep paying for renewals.
The domain you posted . . bleh. Sorry, just one man's reaction.
There are many automatic domain valuation services. I view most as being useful "for entertainment purposes only", a bit like psychics. ;)
Domaining is much like gambling. Even experts lose money, but those who are less expert lose even more money.