Report: PlayStation 3 to cost £425 in UK

UK price of high-end version of Sony's next-gen console may cost $200 more than US counterpart; no-frills 20GB model may not be option in region.

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Sony Computer Entertainment UK has confirmed that the retail price of the 60GB PlayStation 3 is currently planned to be £425 ($799) in the UK--although there is still a possibility that this will change before November's launch. SCEUK MD Ray Maguire told industry magazine MCV that the "60GB version looks like £425 in the UK at the moment".

However, there is no guarantee that the cheaper 20GB console will be launched in the UK. "The lower-end 20GB version of PlayStation 3 has no Wi-Fi, no HDMI, and none of the other slots in it, so it's really a question of where we would position it. It's more likely that we will only launch the 60GB version," Maguire told MCV.

A price point of £425 would, at current exchange rates, make the UK console over £100 more expensive than a direct conversion from the $599 US retail cost, and about £10 more than a direct conversion from the European price of 599 euros announced at E3. The 20GB version will retail for $499 in North America.

Online retailer GameStation has closed its preorders for the 60GB console "until Sony are in a position to confirm initial allocation volumes".

The PlayStation 3's chief rival, the premium Xbox 360, currently sells for £279 ($525) in the UK. The same unit costs $399 in the US.

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