I am always amazed at the prices paid for houses that will need tens, even hundreds, of thousands of pounds in renovation costs. So unless "in need of repair" means it's a complete ruin, I would say that less than a million for a 4-bedroom detached property in a prime location is far less than I would expect.
If you go to www.mouseprice.com/house-prices and enter the postcode of this property, you'll see the recent actual sale prices of properties in that postcode.
If you register (which is free), you can see their current valuation of your and nearby properties, though remember that they haven't actually seen them.
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