Does it have bar tape? I can't tell from the picture. You'll need a lot better (driveside) pictures to get full value.

I had a Bordeaux that looked exactly like that and really enjoyed it. It's a lower end bike but the Peugeot name gets a good response. I got $175 for mine a couple years ago, so I don't think $200-250 is unreasonable in a strong market.

Saw mine in a shop a couple months ago with a detached rear dropout I wonder what the guy I sold it to did to the poor thing.