I would lower your budget and buy a Squier Precision or Jazz. You will be getting a gig worthy instrument without investing too much cash. If you decide you like playing bass and want to continue, then you can either a) keep the bass and buy a 'better' one or b) sell the Squier and purchase something else.
Over £1k for a first instrument is crazy IMO. Hold on for the supercar when you know the way around the racetrack.