The list price of £625,000 for a two-bedroom cottage in Penge seems reasonably priced, especially considering the apparent condition and nearby comparable properties. While the lack of square footage information in the dataset makes a precise price per square foot comparison difficult, the price is in line with general market trends and appears competitive in the area. The recent sale prices of similar properties in the area further support this assessment.

Based on the provided photos, the property appears to be in good to very good condition. It has been tastefully decorated and modernised, with updated fixtures and fittings. While the age of the property suggests potential maintenance requirements in the future, its current condition is presented well.

The property is situated in Penge, a suburb of London with good transport links to central London via Penge East station (Southeastern line). The area benefits from proximity to Crystal Palace Park and local amenities. While Penge may not be considered a prime central London location, it offers a reasonable compromise between affordability and convenience. The presence of several well-regarded schools nearby also adds to its appeal for families.

The property includes a garden, which is a positive feature. However, the size of the garden appears relatively modest based on the image, thus not scoring higher.