The asking price of £500,000 is slightly higher than the average price of £494,387 for the area. However, considering the property’s modern condition, balcony, and desirable location, the price is reasonable and in line with comparable properties. The average price per sqft in the area is £642, and this property is slightly above average in terms of price per sqft.

The property appears to be well-maintained and in excellent condition throughout. The modern design and fixtures suggest it has been recently updated or is well-maintained.

The Royal Docks area is undergoing significant regeneration and offers good transport links to Canary Wharf and central London. The area has improved amenities and is becoming increasingly popular. The proximity to schools and transport links adds to the appeal.

The property has a balcony and access to communal gardens, which is a desirable feature in a high-density urban area like London. However, it does not have a private garden.