Hi- thanks for the replies.
I ended up getting some 195/45-16 tyres (diameter 582mm), found them at a part worn tyre dealer. He took two of my old tyres in part exchange so I ended up getting 2 x Continental SportContact (I put them on the front) and 2 x Avon ZV3 (I put them on the rear, will change round in summer, Avons take longer to warm up apparently) and all it cost me was £50 (about $70) including fitting and balancing. Each tyre has 5mm of tread and no repairs. They didn't have a 4 matching tyres but still pretty good eh?
Thanks to theman53 for that calculator, I have been doing the maths on my iPhone (the scientific calculator function finally turned out to be useful) and your tyre calculator confirmed what I had worked out this afternoon at the tyre dealer- 195/50-16 is a little too tall. The 195/45-16 is virtually the same as stock, only 0.7% difference in circumference.
Although the 205 size looks great, it's hard work on my car when parking etc, I haven't got anything that's powered in the car, windows or steering so the car is nice and light, only 985kg so it doesn't really need a fat tyre- the 195 is probably over tyred and I'm sure a 175 would be good and give sharper steering and more progressive sliding.
When the summer arrives and I get around to changing the slightly weeping head gasket for a metal one from the AAZ engine I'm going to perk things up a little and I'll post the results on this forum and maybe write a list of cheap essential mods for a GTD.