Maybe a London thing but my 4 year old daughter and her 3-6 friends are all about scooters. Not complaining, way easier to store and better for the urban jungle!
http://www.planetx.co.uk/i/q/FBOOPIC/on-one-piccolino-kids-fat-bike
They were as cheap as £240 earlier this year.
It was £220 from Evans Cycles, the only supplier of Hoy bikes.Looks good. What did it cost you? That is really light as well.
Ah, you got it new? It looks good. You'll get a wedge when you resell it, so it's all good.