My goodness that's cheap! We bought our (new) 4 bedroom house almost 2 years ago for 194K pounds ($372K); and we're out of Cardiff into an old mining village, now becoming a bit of a commuter town for Cardiff. In Cardiff, the same house (if you could get a comparable one) would cost at least 50% more; but when we were looking around in Cardiff, the houses all had much smaller rooms than this.
And Cardiff, of course, is a lot cheaper than most other comparable British cities.
MG
And that is incredibly cheap compared with London, where £200K gets you nothing.