My thoughts too - I sold a Squier Affinity P (a whole working bass) a few months back for £60.
They are good basses for the money.
I sold the Squier after I bought a beat-up Fender MIM Precision for £100. The body was knackered, but the rest of it was OK (and it had a Badass II bridge). I figured I could replace the body if the damage did turn out to be structural, but it seems stable. I do need to strip the finish though and re-do it (subject to not finding major issues).
So, £77.50 (inc. postage) for a de-badged Squier Precision neck is too much, IMHO. (The only plus thing about it is that it's not had a fake Fender decal stuck on it!).