How much could I sell a water damaged iPhone 5 for?

I got the iPhone 5 as an upgrade the day it came out and stupidily have put it through the washing machine! I have had it in a bag of rice for the past 24hours but still will not turn on, as it's not insured I'm going to have to buy a new one! How much could I sell the damaged phone for? (£') I have the box and everything that came with it!

Um. But when you buy a new iphone 5, it is automatically insured for a year. So you can take it to the apple store and they'll repair it, i think it's for a price, around $250? And they give you a brand new one!

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