The list price of £405,000 needs to be considered in the context of the property’s condition and location. While nearby properties have sold for similar prices, the lack of square footage information and the significant renovation required mean the price may be slightly high, but not unreasonably so. The lack of comparable properties with similar square footage makes a precise valuation difficult. The potential for renovation and rental income could justify the price for some buyers.

Based on the provided photographs, the property appears to be in need of significant modernisation and renovation. The bathroom shows signs of wear and tear, and other rooms exhibit outdated fixtures and finishes. While structurally sound, it requires substantial investment to bring it up to a modern standard.

The property is located in Plaistow, East London. While not in a prime central location, Plaistow benefits from relatively good transport links (though not immediate proximity to a tube station) and is within reasonable distance of schools and amenities. The proximity to several schools, including some with good Ofsted ratings, adds to its appeal for families. However, Plaistow is not considered a top-tier London location compared to areas like Notting Hill or Kensington.

The property includes a rear garden, which is a positive aspect in a London context. However, the garden appears small and somewhat neglected, based on the pictures provided. It offers potential but needs considerable landscaping and improvement. Therefore, a mid-range score reflects its current state rather than its potential.