The list price of £525,000 seems reasonably competitive considering similar properties in the area, although the lack of precise square footage information for comparable properties makes a definitive conclusion challenging. The need for renovation may slightly lower the value; however, the location and the potential for increasing value after refurbishment likely justify the price. Further information on comparable sales and the actual plot size of the subject property would facilitate a more accurate assessment.

Based on the provided photographs, the property appears to be in fair condition, but it is certainly in need of some modernisation and updating. The decor is dated, and some areas show signs of wear and tear (e.g., wall imperfections). While structurally sound, a significant amount of cosmetic work is required to bring it up to a modern standard.

The property is situated in Goodmayes, Ilford, which benefits from good transport links via TfL Rail (Seven Kings station being 0.38km away) and proximity to several well-regarded schools with ‘Good’ or ‘Outstanding’ Ofsted ratings within a reasonable distance. While not central London, its accessibility and the presence of amenities make it a relatively desirable location. However, Ilford itself has areas that are less desirable, so the exact placement within Goodmayes would need to be carefully considered.

The property has a garden, although the images suggest it needs considerable attention. It is not particularly large. While the presence of a garden adds value, its current state detracts from this.