iPhone 4 32gb, reasonable price?

[Quadpattie]

I'm planning on upgrading to the iPhone 5 when released and was wondering how much to ask for a good condition iPhone 4 (32gb). Is £350-360 a reasonable price to sell at or are my expectations too high?

Thanks,
Lucas

 

[renesandy]

350 pounds is roughly 567 American dollars. That sounds expensive to me, especially for a 4. Even a 4S is expensive at 350 pounds.

Edit:
Maybe my logic is too simplified, as I'm aware that economic and market factors vary between the US and UK. Just my two cents though.