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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
37, Penn Lane, Melbourne, Derby, DE73 8EQ
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37 Penn LaneHouse Prices / East Midlands, South Derbyshire, Penn Lane, DE73 8EQ
Last updated Jun 2026
Key Building Insights
37 Penn Lane is a residential building situated on Penn Lane, Melbourne, Derby, DE73 with 2 addresses.
It ranks as the 56th largest and 107th most expensive of the 196 buildings in the DE73 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
Key Building Insights
37 Penn Lane is a residential building situated on Penn Lane, Melbourne, Derby, DE73 with 2 addresses.
It ranks as the 56th largest and 107th most expensive of the 196 buildings in the DE73 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
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House Pricesin 37 Penn Lane
Sale prices range from £128,934 for 2 bedroom leasehold flats (645 ft2) to £194,886 for 2 bedroom leasehold flats (645 ft2) .
Monthly rental prices range from £755 pcm for 2 bed flats to £889 pcm for 2 bed flats.
The gross rental yield is between 5.5% and 7.0%.
The average value per square foot is £251.
Average Sale Value
£161,910
Average Rental Value
£822 pcm
Average Rental Yield
6.1% /year
Average Value Per Sqft
£251 /ft2
Sales Market Trendsin 37 Penn Lane
The current average value in the building is £161,910.
The 37 Penn Lane Sales Market has increased by 22.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.2% | £161,910 |
| May 2025 | 0.5% | £162,222 |
| May 2024 | -1.2% | £161,383 |
| May 2023 | 3.5% | £163,389 |
| May 2022 | 5% | £157,933 |
| May 2021 | 6.4% | £150,347 |
| May 2020 | -0.3% | £141,338 |
| May 2019 | 1.2% | £141,709 |
| May 2018 | 3.9% | £140,004 |
| May 2017 | 2.2% | £134,806 |
| May 2016 | 2.1% | £131,964 |
| May 2015 | 5.8% | £129,277 |
| May 2014 | 3.1% | £122,190 |
| May 2013 | -3.5% | £118,535 |
| May 2012 | 3.8% | £122,839 |
| May 2011 | -1% | £118,302 |
| May 2010 | 4.5% | £119,487 |
| May 2009 | -12.1% | £114,319 |
| May 2008 | -5.1% | £130,119 |
| May 2007 | 0% | £137,048 |
Rental Market Trendsin 37 Penn Lane
The current average rental value in the building is £822.
The 37 Penn Lane Rental Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £822pcm |
| May 2025 | 5.1% | £804pcm |
| May 2024 | 8.3% | £766pcm |
| May 2023 | 6.8% | £707pcm |
| May 2022 | 7.6% | £662pcm |
| May 2021 | 5.2% | £615pcm |
| May 2020 | 1.2% | £585pcm |
| May 2019 | 0.6% | £578pcm |
| May 2018 | 1.1% | £574pcm |
| May 2017 | 0.4% | £568pcm |
| May 2016 | 2.2% | £565pcm |
| May 2015 | 1.9% | £553pcm |
| May 2014 | 1.3% | £543pcm |
| May 2013 | 0% | £536pcm |
| May 2012 | 0.1% | £536pcm |
| May 2011 | 2.2% | £535pcm |
| May 2010 | 1% | £523pcm |
| May 2009 | -8.5% | £518pcm |
| May 2008 | -0.3% | £566pcm |
| May 2007 | 0% | £568pcm |
Explore Propertiesin 37, Penn Lane, Melbourne, Derby, DE73 8EQ
Property Typesin 37 Penn Lane
- 1 mid-century flat built between 1936 and 1979
- 1 other address of unknown type
- mid-century flat (1)
- Unknown (1)
Energy Efficiencyof properties in 37 Penn Lane
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Saleson Penn Lane, Melbourne, Derby, DE73
Schools Nearby
The nearest primary school to 37, Penn Lane, Melbourne, Derby, DE73 8EQ is Melbourne Junior School, which is 600 metres away.
- 600mMelbourne Junior School
- 700mMelbourne Infant School
- 2.9kmSt Hardulph's Church of England Primary School
The nearest secondary school is Chellaston Academy, which is 5.0 kilometres away.
- 5.0kmChellaston Academy
- 6.6kmCastle Donington College
- 6.8kmNoel-Baker Academy
More reading links
Public Transport Nearby
The closest station to 37, Penn Lane, Melbourne, Derby, DE73 8EQ is Peartree station, which is 9.0 kilometres away.
- 9.0kmPeartree
- 9.6kmWillington
- 10.1kmSpondon
- 10.7kmDerby
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