You can get the HD3850 512mb for £115 delivered from Ebuyer:
PowerColor HD 3850 Pro PCS 512MB GDDR3 256bit Dual DVI TVO PCI-E Graphics Card - Ebuyer
This has an aftermarket cooler too.
The HD3870 512mb is £130 delivered from Ebuyer:
PowerColor HD 3870 XT 512MB GDDR4 256bit Dual DVI PCI-E Graphics Card - Ebuyer
The HD38** series cards run cooler and consume less power since they are built using a 55nm process and have new power management features built in when compared to the previous generation ATI cards.
Also unlike the 8800GT the HDMI output includes 5.1 surround too as the HD38** series cards have an integrated HD audio unit!!
I have an HD3870 512mb and it is near silent.It has a dual slot cooler. You can very fan speeds manually using ATITool and even at 50% it is not very noisy
IMHO.The HD3870 is around 10-20%
slower than a 8800GT 512mb for around 40 quid less making it better value
IMHO.