UK annual house price inflation in July 2007 was 12.4%, up from 12.1% in June, according to latest figures from Communities and Local Government. Annual house price inflation in London was 19.1% in July, up from 17.5% in June. The mix-adjusted average house price in the UK in July 2007 stood at £218,479, up from £214,222 in June 2007 (not …