The asking price of £500,000 for a 2-bedroom flat of approximately 484 sqft seems reasonable given the location and the apparent high-quality renovation. Nearby comparable listings show a range of prices, but this one falls within the expected range for the area, considering its condition and amenities. However, without precise sq ft data on comparable properties, definitive judgement on value is difficult.

Based on the provided photos, the property appears to be in very good condition. It has been recently renovated or updated, with a modern kitchen and bathroom, and a generally well-maintained interior. The finishes appear to be of good quality.

The property is located in Lea Bridge, Hackney, which is a relatively popular area in East London. It benefits from proximity to several well-regarded schools (Rushmore Primary School, The City Academy Hackney) and good transport links (Homerton Overground being less than a kilometer away). While not in the absolute heart of the most desirable areas, it offers a good balance of convenience and accessibility, making it attractive to families and commuters.

The property does not appear to include any significant garden or outdoor space, which is common for properties in this type of London location. This significantly reduces the overall desirability and hence the low score.