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The iPhone 7 was finally announced by Apple on Wednesday and it looks at first glance like a decent step forward from the iPhone 6S. It's water resistent, it has scrapped the 3.5mm headphone port and it has "the best iPhone camera ever".

It's not possible to say precisely what the iPhone 7 will cost you on contract just yet -we're waiting on networks like EE and resellers like Mobiles.co.uk and Buymobiles.net to release their prices. What we can tell you is that the iPhone 7 deals will be revealed from 8.01am Friday morning.

We'll be here bright and early to let you know what the best deals are! In the meantime we can make some educated guesses about what the first iPhone 7 deals might be like.

Firstly, we do know that the iPhone 7 will cost £599 to buy outright in the UK. That comes in exactly as we predicted last week - slightly more expensive than last year probably due to a slightly weaker pound (thanks Brexit!).

From this we can attempt to derive the cost of a standard contract at a site likeMobiles.co.uk based on last year's iPhone 6S launch deals and the slight increase in cost this time around.

On Friday morning we'll send out an email containing details of what the best deals are and where they can be found - if you'd like to receive it pop your email address in the box below...

Available to buy instore and online on September 16th

We don't need to try and predict the price anymore - Apple has confirmed that the iPhone 7 will have a starting cost of £599 in the UK. That's if you want to buy it from the Apple Store itself and it'll probably cost the same amount for the first few weekswhether you get it from Amazon or Carphone Warehouse.

The £599 price tag is what you'll pay for the 32GB version of the iPhone 7. That is, of course, unless you want the new Jet Black iPhone 7 which is annoyingly unavailable in 32GB trim - presumably that's Apple predicting it'll be the most desirable new colour and charging a premium as a result. Or maybe the less cynical explanation is that shiny black costs more to produce... you decide.

Either way, if you want that version you'll have to go for a 128GB option which will cost you £699 (across all colours) while the bumper 256GB version will set you back another hundred quid at £799.

Pre-orders available September 9th, delivery September 16th

If we're to predict what the early iPhone 7 deals will be on contract, we can look at the prices that EE, O2 and company were charging for the iPhone 6S in September last year.

Back then, the deals were hard to find with anything less than a £100 upfront cost. Even then, monthly fees of over £40 were the norm. The cheapest deal with 1GB data was on Three - that network was charging £99 upfront and £38 per month for 1GB and unlimited everything else. That's about what we'd expect to see this time around as well, though because the retail cost is slightly more this year we're expecting the iPhone 7 deals from resellers and networks to be a tad pricier as well.

The deals will start coming through Thursday night/Friday so we'll let you know as soon as we find out what they are. In the meantime, here's our prediction:

iPhone 7 32GB | £100 upfront | Unlimited calls and texts | 1GB data | £40 per month
Obviously don't count your chickens on this one - we'll be back when the pre-order deals are actually announced to help you find the absolute best value iPhone 7 deals. We'll also be working hard to negotiate some exclusive discounts just for TechRadar readers so that you'll be able to save some money.