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Private Property House Price Index · October 2026

2-bedroom flat prices in Lekki Phase 1, Lagos

Median asking sale price for 2-bedroom flat listings in Lekki Phase 1, Lagos, from the listings first published on Private Property in the three months to each month.

Median sale price · October 2026

₦297M

Typical: ₦253M–₦328M

Half of listings asked between these two figures.

Gross rental yield 5.1% · median rent ₦15M/year

On last month
On a year ago
▲ +5.3%
▲ +27.4%
Listings
Listings published
165
Aug–Oct 2026

Median sale price by month

Median   Typical range (lower to upper quartile). Asking prices of listings first published in the three months to each month.

Sale price in Lekki Phase 1 by size, October 2026

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦297M ₦253M–₦328M 165 ▲ +5.3%
September 2026 ₦282M ₦252M–₦324M 184 ▲ +1.8%
August 2026 ₦277M ₦251M–₦314M 182 ▲ +0.6%
July 2026 ₦276M ₦250M–₦311M 165 ▲ +0.3%
June 2026 ₦275M ₦252M–₦312M 129 ▼ -1.2%
May 2026 ₦278M ₦250M–₦314M 126 ▼ -0.6%
April 2026 ₦279M ₦248M–₦331M 142 ▲ +2.0%
March 2026 ₦274M ₦227M–₦313M 156 ▲ +4.9%
February 2026 ₦261M ₦216M–₦307M 144 ▲ +4.3%
January 2026 ₦250M ₦200M–₦294M 124 ▲ +9.8%
December 2025 ₦228M ₦189M–₦278M 101 ▼ -0.8%
November 2025 ₦230M ₦186M–₦281M 105 ▼ -1.5%
October 2025 ₦233M ₦188M–₦285M 107 ▼ -6.7%
September 2025 ₦250M ₦197M–₦284M 134 ▲ +5.4%
August 2025 ₦237M ₦195M–₦276M 132 ▼ -2.0%
July 2025 ₦242M ₦199M–₦269M 132 ▲ +6.1%
June 2025 ₦228M ₦180M–₦262M 98 Small sample ▲ +3.2%
May 2025 ₦221M ₦175M–₦262M 96 Small sample ▲ +11.4%
April 2025 ₦198M ₦175M–₦262M 104 ▲ +1.2%
March 2025 ₦196M ₦166M–₦254M 112 ▲ +0.4%
February 2025 ₦195M ₦163M–₦247M 97 Small sample ▲ +7.7%
January 2025 ₦181M ₦155M–₦248M 90 Small sample ▲ +0.6%
December 2024 ₦180M ₦157M–₦248M 84 Small sample ▲ +1.6%
November 2024 ₦178M ₦153M–₦248M 83 Small sample ▲ +2.2%

Frequently asked

What is the typical 2-bedroom flat price in Lekki Phase 1, Lagos?
The median asking price for 2-bedroom flat listings in Lekki Phase 1, Lagos was ₦297M in October 2026, according to the Private Property House Price Index.
What is the typical range for 2-bedroom flat prices in Lekki Phase 1, Lagos?
Half of the listings counted in October 2026 asked between ₦253M and ₦328M.
Are 2-bedroom flat prices in Lekki Phase 1, Lagos going up?
Yes. The median was up 27.4% on a year earlier: ₦297M in October 2026 against ₦233M in October 2025.
Cite this figure. Private Property House Price Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/sale/flats-apartments/lagos/lekki/lekki-phase-1/2-bedroom
Free to reuse under CC BY 4.0, with credit to Private Property and a link to this page.
How these figures are worked out