Chatty Man's Alan Carr prepares to shout "Come On Down" as the hit gameshow returns for a pilot episode on Channel 4

After first appearing on our screens more than  30 years ago, The Price Is Right is  returning to TV with a brand new host in the shape of  Alan Carr.

The game show, famous for its “Come on down” catchphrase, ran in the 1980s and 1990s on ITV with Leslie Crowther and Sir Bruce Forsyth as hosts.

Now Carr will be taking over the helm and said he was “so excited” to be hosting a pilot which will be produced by Channel 4 and the production company Thames which also makes The X Factor and Britain’s Got Talent.

Sir Bruce Forsyth
Sir Bruce Forsyth (Daniel Leal-Olivas/PA)

Speaking about the announcement, Alan said, “It’s proper bucket list territory for me as I loved it when I was growing up and now for me to be at the helm of such a legendary show is a dream come true.”

The comedian and Chatty Man presenter, who has won a clutch of awards including a BAFTA and National Television Award in 2015 for best Chat Show Host,  added: “It just leaves me with one thing to say … come on down!”

Alan Carr
Alan Carr (Ian West/PA)

Billed as the world’s longest-running game show, contestants attempt to win cash and prizes by guessing how much household objects and luxury items cost.

Channel 4 said: “Packed with amazing prizes and hysterical pricing games, this is set to be a classic entertainment extravaganza.”

Joe Pasquale hosted a short-lived version on ITV from 2006 to 2007 but the series only pulled in around 800,000 and was subsequently cancelled.

Now producers are hoping popular Alan will prove a hit and breathe new life into the once highly successful format.

Other classic shows set to be revived this year include Blind Date, which was previously hosted by the late Cilla Black and was a massive Saturday night hit in its heyday.  After an absence of 13 years, the series will be making a comeback on Channel 5 with Paul O’Grady as host. Meanwhile, The Generation Game, which was also once fronted by Sir Bruce Forsyth, will return to the BBC with Great British Bake Off stars Mel Giedroyc and Sue Perkins at the helm.

Let’s Dance – which gave us Robert Webb’s unforgettable Lycra-clad routine to Flashdance… What a Feeling – is back and bigger than ever, as the celebrities have to sing now, too.