HOUSE prices in Warrington have nearly trebled since the turn of the decade, according to new figures.

Research by online estate agents HouseSimple.com has shown that average house prices in the town have risen from £64,580 in January 2000 to £182,706 today.

This represents an increase of 183.2 per cent.

Sam Mitchell, chief executive of HouseSimple.com, said: “While London is the clear winner when it comes to house price growth since the turn of the century, prices have boomed in many areas outside the capital – as these figures attest.

“What’s more impressive is that in the middle of this 18-year period we experienced one of the worst recessions this country has ever seen – it shows the resilience of the UK property market.

“During this period, London property prices stabilised thanks to an inflow of foreign investment and then started to rise again 18 months after the height of the credit crunch.

“However, that wasn’t the case across large swathes of the country where the recovery process was far more protracted.

“Today, the property price growth picture is entirely different – as London’s property market shows signs of running out of steam, we are seeing strong growth in the north of England.

“Eighteen years from now, the UK’s property hotspot landscape could well look entirely different.”