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PlayStation fans have been treated to some excellent news this week as Sony hints it could be about to take a hit when it comes to the PS5 consoles price.

When looking at all the technological leaps that have been either confirmed, hinted at or rumoured for the PS5 console, many believe that the hardware could (or should) cost well over £600.

However, news from Sony this week suggests that Sony is going to take the brunt of that cost as a loss to get fans onside at launch.

Specialist PlayStation website PushSquare suggests that Sony's top bosses, Speaking to investors as part of a financial briefing earlier this week , suggested that the company is focusing on "market penetration and market acceptability with its next-gen hardware".

So what does that mean in principal?

PushSquare suggests that this could mean the company wants to set a price that consumers will accept as fair "so it can maximise the device’s install base early on."

In short, they're going to make it affordable, simply to get you in the door. Exactly how 'affordable' it will be though is the big question PlayStation fans will want to know.

poll loading How much would you pay for the PS5? 23000+ VOTES SO FAR £500 + £499 £449 £399 £349

In October our own Daily Star exclusive poll revealed that most PlayStation fans would pay more than the PS4, PS4 Pro or even the PS3 in order to buy the PS5.

The results, which was based on over 6000 votes, showed that only 29% of voters were unwilling to pay more than the launch price of the PS4 at £349.

Remarkably, 71% of voters are willing to pay upwards of £399 for the new Sony machine.

Fellow polls by the likes of PushSquare and Eurogamer.pt also suggested that PlayStation fans expected to see the next-gen console cost between £400-£500.

The tech inside PlayStation's next-console is rumoured to support 8K resolution, ray-tracing technology and many more features that push the limits of what gamers think console hardware is capable of.

The only confirmed tech improvement we've actually seen so far comes from video some months back filmed by The Wall Street Journal’s Takashi Mochizuki.

For those who don't recall, the video (seen below) - filmed at an on-stage presentation that was likely meant for Sony’s investors and business partners only.

It showed the console in action, playing a small section from the PS4 exclusive game, Marvel's Spider-Man.

What was really interesting is that the demo took 8.1 seconds to load on a PS4 Pro, but less than a second (0.083 seconds to be precise) to load on the new console hardware.

October was also big month for the console as the first picture of Sony's new PS5 console potentially leaked thanks to an image shared by YouTube channel ZONEofTECH .

The unofficial first look at PlayStation's new console looks pretty much identical to the Sony PS5 patents that were previously leaked earlier this year by Dutch tech website LetsGoDigital .

The image shared, seen above, is certainly not the finished product, but rather a PS5 dev kit sent out to developers so they can get started creating games for the fancy new console.

This wasn't the only PS5 leak in October, as we also saw some potential leaks for the new PS5 Dualshock 5 controller , teasing some exciting new features allowing the controller to connect to cloud gaming services.