£450 - £500 Budget, what should I choose?

Approximate Purchase Date: Tomorrow - next few days.

Budget Range: £450-500 max.

System Usage from Most to Least Important: Editing photos and videos (gameplay footage, no 3D modelling etc), rendering videos, gaming, home use.

Parts Not Required: Monitor, Operating System (Windows 7)

Preferred Website for Parts: http://www.pcpartpicker.com/UK is an easy way to find pats, but: amazon.co.uk, dabs, ebuyer, scan.co.uk, maplin too :)

Country: England

Parts Preferences: just found a retail i5-2500k for £150, is it worth it, might upgrade and OC in future then?

Overclocking: Sure, if fits in pricetag.

SLI or Crossfire: Probably not

Monitor Resolution: 720p for now, will upgrade at some point in future.

Additional Comments: If it can render gameplay video at a good speed (for the price) and as long as games like MineCraft are at decent playable framerates that'd be awesome!
Thanks for any ideas.
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