High-street and online retailers have announced their predicted price for Microsoft's forthcoming Xbox 360 Elite console - and all agree on £329.99.

Due for release August 24, GAME, Play and HMV have all agreed on the figure, though an official announcement is yet to be made.

Should the price prove correct, the revised machine, which offers a 120Gb hard drive and an HDMI video out port, will cost £50 more than Microsoft's current 360 Premium console.