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@Velocio
I was going to say £150 for the frame too, on a good day. On a bad day you might be pushed to get £100 (which would piss me off seriously if I were the seller).
The problem I find with selling items is that you inevitably feel that you have paid more, and put more love into the item, than you will get back.
I always think the TLC I show my bike stuff should make the item retain it's value well, but the honest truth is that every time I sell something I become a bitter fucker who thinks I've been ripped off and who vows to next time set the reserve price much higher.
This is why I like the idea of a freecycle thing, if I'm going to be bitter about being ripped off, I'd rather give my stuff to those who will appreciate it, use it and love it. That doesn't work when the item is valued at over £100 as then I'd be stupid to give it away, but for accessories and components, it's not the trouble of selling it that puts me off selling it, it's the bitterness I feel afterwards when I think I've been had for letting go of something for so little when I believe it's worth more.
I get too emotionally attached to bike stuff. It turns out that makes me a sucker when I'm selling it.