Sony is expected to reveal PS4 at its 'PlayStation Meeting' event on Wednesday. Leaked documents and sources have claimed that the console will cost £300 at launch.
According to The Times, "leaked internal documents" confirm the price-tag which - if true - mark a significant reduction from the PS3's original price-tag of £425.
Meanwhile, we've got all of the big PS4 rumours compiled into one handy list before the big reveal on Wednesday. Check it out here.