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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
58, Penn Lane, Melbourne, Derby, DE73 8EQ
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58 Penn LaneHouse Prices / East Midlands, South Derbyshire, Penn Lane, DE73 8EQ
Last updated Jun 2026
Key Building Insights
58 Penn Lane is a residential building situated on Penn Lane, Melbourne, Derby, DE73 with 2 addresses.
It ranks as the 78th largest and 168th most expensive of the 196 buildings in the DE73 area.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
Key Building Insights
58 Penn Lane is a residential building situated on Penn Lane, Melbourne, Derby, DE73 with 2 addresses.
It ranks as the 78th largest and 168th most expensive of the 196 buildings in the DE73 area.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
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House Pricesin 58 Penn Lane
Sale prices range from £298,251 for 4 bedroom leasehold flats (1,399 ft2) to £363,720 for 4 bedroom freehold houses with a garden (1,163 ft2) .
Monthly rental prices range from £1,286 pcm for 4 bed flats to £1,470 pcm for 4 bed houses.
The gross rental yield is between 4.8% and 5.2%.
The average value per square foot is £263.
Average Sale Value
£330,986
Average Rental Value
£1,378 pcm
Average Rental Yield
5.0% /year
Average Value Per Sqft
£263 /ft2
Sales Market Trendsin 58 Penn Lane
The last sale in 58 Penn Lane sold for £930,000 on 31st August 2005. Since then prices are down an average of 0.0%.
The current average value in the building is £330,986.
The 58 Penn Lane Sales Market has increased by 28.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.5% | £330,986 |
| May 2025 | 0.7% | £332,715 |
| May 2024 | -1.7% | £330,243 |
| May 2023 | 4.3% | £336,037 |
| May 2022 | 6% | £322,220 |
| May 2021 | 7.2% | £303,931 |
| May 2020 | 0% | £283,526 |
| May 2019 | 1.8% | £283,474 |
| May 2018 | 4.6% | £278,502 |
| May 2017 | 3.6% | £266,294 |
| May 2016 | 3% | £257,008 |
| May 2015 | 6.3% | £249,536 |
| May 2014 | 3.5% | £234,687 |
| May 2013 | -2.6% | £226,681 |
| May 2012 | 4.9% | £232,623 |
| May 2011 | -0.3% | £221,682 |
| May 2010 | 6.7% | £222,393 |
| May 2009 | -10.5% | £208,492 |
| May 2008 | -3.9% | £232,845 |
| May 2007 | 0% | £242,204 |
Rental Market Trendsin 58 Penn Lane
The current average rental value in the building is £1,378.
The 58 Penn Lane Rental Market has increased by 52.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.8% | £1,378pcm |
| May 2025 | 5.3% | £1,353pcm |
| May 2024 | 7.7% | £1,285pcm |
| May 2023 | 7.7% | £1,193pcm |
| May 2022 | 8.6% | £1,108pcm |
| May 2021 | 6% | £1,020pcm |
| May 2020 | 1.5% | £962pcm |
| May 2019 | 1.2% | £947pcm |
| May 2018 | 1.8% | £937pcm |
| May 2017 | 1.9% | £920pcm |
| May 2016 | 3.1% | £903pcm |
| May 2015 | 2.4% | £876pcm |
| May 2014 | 1.8% | £855pcm |
| May 2013 | 1% | £840pcm |
| May 2012 | 1.2% | £832pcm |
| May 2011 | 2.9% | £822pcm |
| May 2010 | 3.1% | £799pcm |
| May 2009 | -6.8% | £775pcm |
| May 2008 | 0.9% | £831pcm |
| May 2007 | 0% | £823pcm |
Explore Propertiesin 58, Penn Lane, Melbourne, Derby, DE73 8EQ
Sales Historyin 58, Penn Lane, Melbourne, Derby, DE73 8EQ
The last sale was on 31st August 2005 for £930,000 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
58, Penn Lane, Melbourne, Derby, DE73 8EQ has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin 58 Penn Lane
- 2 other addresses of unknown type
- Unknown (2)
Energy Efficiencyof properties in 58 Penn Lane
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Saleson Penn Lane, Melbourne, Derby, DE73
Schools Nearbyto 58, Penn Lane, Melbourne, Derby, DE73 8EQ
The nearest primary school to 58, 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
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Public Transport Nearbyto 58, Penn Lane, Melbourne, Derby, DE73 8EQ
The closest station to 58, 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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