If you only intend to spend about £200, then the Squire is probably the best option. Some Fenix tele's are nice if you can find one.
Here's the best Squire I have seen and only £10 over your budget.......
[url="http://www.ebay.co.uk/itm/FENDER-SQUIER-CLASSIC-VIBE-TELECASTER-VIRTUALLY-MINT-CONDITION-WICKED-GEETAR-/251093690858?pt=UK_Musical_Instruments_Guitars_CV&hash=item3a7659a9ea"]http://www.ebay.co.u...=item3a7659a9ea[/url]
I have the Strat version of this Tele below in the same colour, It sounds and plays great, and I use it for recording and for messing around on....you could do a lot worse! They do different colours of this guitar. The actually play and sound better than you might think.
[url="http://www.ebay.co.uk/itm/60s-Retro-Tele-Electric-Guitar-Vintage-Surf-Green-/180907382344?pt=UK_Musical_Instruments_Guitars_CV&hash=item2a1eeb9648"]http://www.ebay.co.u...=item2a1eeb9648[/url]
Good Luck Tony.