Sony Slashes PlayStation 3 Price Worldwide, Now Starts at £199 in UK

by on August 17, 2011

Sony has today confirmed that the price of its PlayStation 3 console is to be cut to a starting price of £199. The 160GB slim PS3 will be ruduced in £249 to £199, while the 320GB model will drop from £299 to £249.

The price cut is effective immediately across Europe and North America with Japan to follow on August 18.

The announcement first came at Gamescom in Cologne, but Sony has since sent out regional price details.

Sony sold its 50 millionth PS3 back in March 2011, and it hopes the new cheaper price will represent great value as an all round entertainment machine and continue to drive sales. Since its 2006 release, PlayStation 3 has grown massively, now supporting over 120 3D games, as well as 3D movies. The release of PlayStation Move again added to the arsenal of the console, with over 200 games supporting the motion capture peripheral as it stands.

Before you get too excited, the price cut doesn’t necessarily mean that a new console is on the horizon, as it is widely reported that Sony want the PS3 to have a 10-year lifespan. However, if you look back through PlayStation’s history, a slim model followed by a price cut usually means that a new console isn’t too far away. We can dream, can’t we?

Regardless of any PlayStation 4 talk, the new price, entertainment options and strong game lineup, now would seem like a great time to invest in a PlayStation 3 if you haven’t already done so.

What do you think of the new prices? Will you be picking up a PlayStation 3 in light of this announcement? Let us know in the comments.