The list price of £550,000 for an 894.91 sq ft two-bedroom apartment in Wapping seems relatively reasonable, particularly considering comparable listings in the vicinity. Although precise price per sq ft data isn’t readily available from the provided information to make a perfectly precise assessment, nearby properties and apartments sell in a similar price range. The presence of a private balcony and parking space also contributes to its value, justifying a score of 7 out of 10. However, it does not represent exceptional value for money in the wider London market.

Based on the provided photos, the apartment appears to be in generally good condition. The fixtures and fittings seem modern and well-maintained, though there are some areas that could be improved. The lack of luxurious finishes or bespoke features keeps it from a higher score. Overall, the current condition warrants a 6 out of 10.

The property is situated in Wapping, a historically significant area of London with a vibrant atmosphere. Its proximity to several transport links (Shadwell Overground being 0.28km away) and good schools (Green Gables Montessori Primary School just 0.01km away and rated ‘Good’ by Ofsted) elevates its desirability. However, Wapping’s overall appeal can be subjective, with some finding its proximity to busy roads and industrial areas less desirable compared to other central London locations. This makes a score of 7 appropriate.

The property is an apartment with no private garden or significant outdoor space. This severely limits its land score to 1 out of 10.