The Nintendo Switch could retail at £199.99 for the base SKU in the UK, according to a report.

Sources speaking to Lets Play Video Games claim that UK retailer GAME has been informed that it can expect to sell the console at around that price.

A second SKU that includes more internal storage and comes with a game included could also be sold at £249.99. The Switch Pro Controller meanwhile is expected to retail for £39.99.

Price is right?

According to the report, this could reasonably mean that the hardware will cost around $249.99 and $299.99 in the US.

Nintendo's last home console, the Wii U, was initially sold for £249.99 in the UK and $299.99 in the US for the basic 8GB SKU.

For comparison to current gen consoles the PS4 and Xbox One, consumers in the UK can currently get the Xbox One for as little as £169.99 at Currys that includes 500GB storage and two games. A PS4 meanwhile can be purchased for £199.99.

With the competition fierce and costs driven low, Nintendo could still have a challenge on its hands even at a competitive £199.99 price point.

Official details a long way off

The Nintendo Switch was announced on October 20th 2016 and finally revealed that the hardware would be a handheld/console hybrid that uses cartridges instead of discs.

It is still not known what the exact specs of the system will be and how it will match up to the likes of the PS4 and Xbox One. What is known however is that the hardware will be powered by Nvidia technology, most notably its custom Nvidia Tegra processor.

Nintendo plans to reveal more details on the Nintendo Switch on January 13th 2017.