This is a fairly good price for an Intel Core i3 laptop, they're usually in the £350-£400 mark. A 4GB RAM is fair, can run quite fast. Hard Disk Drive of 500gb can sure do a lot of storage. Space would last me a nice 7 years.
HP Pavilion 15-n299sa 15.6" Laptop - Blue for £319.97 @ PC World (Intel Core i3)