Generic term used to describe anything which is good. (Prefix with "that *really* is a" and recite slowly to reverse the meaning)
A pint of Steela for one pound: "That's a nice price".
A topless lady with lovely boobs: "That's a nice price."
A bottle of Sol in a west end bar for six pounds and fifty pence: "That *really* is a nice price".
Claire Short in a peep-hole bra: "That *really* is a nice price".