HOUSE prices in Warrington increased to a whopping average of £266k in September.

This is a 1.3 per cent increase on August - which is higher than the north west average.

Over the month, the picture was different from that across the region where prices increased by 0.6 per cent.

And Warrington was even above the UK as a whole, where prices did not change.

Over the last year, the average sale price of property in Warrington rose by £45,000 – putting the area top among the north west’s 39 local authorities with price data for annual growth.

At the other end of the scale, properties in Barrow gained 3.6 per cent in value, giving an average price of £145,000.

Andy Sommerville, director at property data provider Search Acumen said the latest data is further evidence of 'a turning tide for house prices'.

An imbalance between supply and demand for properties saw house prices climb across the UK throughout the pandemic.

But typical property values stalled across the UK between August and September, which caused annual growth to slow.

Nicky Stevenson, managing director at estate agent group Fine and Country said: “Annual house price growth slowed in September against a backdrop of rising interest rates and shrinking disposable incomes.

“All eyes will now turn to Chancellor Jeremy Hunt’s autumn statement, which is expected to include both tax rises and spending cuts.”