[ASK] Website Appraisal

I have a "latest movie review" niche autoblog which gets around 8-9K visitors per month and makes $30-$45 a month through Google adsense. No other promotion methods are used. The domain name is keyword rich which being searched by more than 6Crore people a month (as per Google Adwords Keyword Tool).

How much do you think one can sell this website for?

$300-500

IMHO, you can get more than $500 if you can write a very good sales copy with that traffic and revenue