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Have a search through the classifieds here for the same parts you've built up with and that will give you a better indication of the used value for the bike and the parts but I'm afraid it's not worth £1250 either.
*don't ride it either because as soon as you've got brake tracks scratched onto those rims they'll be worth very little money to anyone else.
Nahguavkire
Good point well made - i'm not trying to pull a fast one here; I just have little to no experience pricing bikes.
In light of the above I think it's fair to revise the price to £1250