Hi Emlyn I called down to help you with this
Before you spend your hard earned on the pump can you get a second hand one to try it first. There was a lot of oil that dropped out of that water pump which should have drained away via the hole between the seals. I for one would want to make sure that was the cause and not a damaged head gasket from serious overheating before spending this much money.
http://www.cmsnl.com/partslist.php?model_id=7263
this site shows the waterpump assembly as a complete unit. Usually these sort of things are pressed together and are not serviceable. £200.00 seems very high for a shaft & housing though
http://www.cheapcycleparts.com/model...semblies/10032 Shows the pump at $133.00 ~ £90.00