While there have been many talks about the iPhone SE Plus, as per the analyst, Ming-Chi Kuo, the phone might come out in the second half of next year. The phone might have a 5.5 or 6.1-inch display and it may come with a full display as the iPhone 11 and iPhone 11 Pro.
There may not be any FaceID, but it might have a smaller notch as many people are noticing Apple making a move towards a smaller notched design. The iPhone SE released this year and it was priced at $399. It looks similar to iPhone 8 and has an A13 processor attached to it.