Those value websites are a load of rubbish in my opinion. I've bought, developed and sold a few and their values are stupid. I've bought and sold websites between 1-3 years revenue, so if it makes cash then it would be somewhere there. That being said, if its clicks on local search terms its only worth anything if you can find a start up locally. Most people just compare what they could do with the money that is needed to buy it. For instance, if its £300, then would 10,000 leaflets be a better investment etc. I'd say it's not worth much personally.