The list price of £450,000 seems reasonable given the property’s location in Homerton. However, this assessment must consider the necessary refurbishment required. While comparable properties in the area may command higher prices, the considerable renovation costs expected must be factored into the price evaluation. Hence, a score reflecting a slightly above-average value is given considering the need for significant work.

Based on the provided photos, the property appears to be in need of significant modernisation. The interior décor is dated, and the kitchen and bathroom fixtures look worn. Whilst structurally sound, it requires considerable refurbishment before it could be considered in good condition.

The property is located in Homerton, Hackney, which is a popular and up-and-coming area in East London. It benefits from proximity to excellent schools (several ‘Outstanding’ rated within a short distance), and good transport links via the London Overground (Homerton station is less than a kilometer away). While Homerton might not be considered central London, its connectivity and local amenities contribute to a decent location score.

The property appears to have minimal to no private land. It is described as a flat, and the photos show limited exterior space, suggesting a lack of garden or significant plot size. The lack of garden space heavily influences this low score.