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Private Property House Price Index · October 2026

3-bedroom flat prices in Lekki Phase 1, Lagos

Median asking sale price for 3-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

₦382M

Typical: ₦311M–₦457M

Half of listings asked between these two figures.

Gross rental yield 4.5% · median rent ₦17.2M/year

On last month
On a year ago
▲ +0.4%
▲ +16.7%
Listings
Listings published
101
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 ₦382M ₦311M–₦457M 101 ▲ +0.4%
September 2026 ₦381M ₦311M–₦452M 101 ▼ -1.0%
August 2026 ₦385M ₦342M–₦456M 92 Small sample ▲ +3.7%
July 2026 ₦371M ₦328M–₦426M 95 Small sample ▼ -0.7%
June 2026 ₦374M ₦330M–₦449M 89 Small sample ▲ +5.6%
May 2026 ₦354M ₦308M–₦400M 78 Small sample ▼ -1.7%
April 2026 ₦360M ₦308M–₦461M 69 Small sample ▲ +0.7%
March 2026 ₦357M ₦306M–₦398M 75 Small sample ▼ -1.2%
February 2026 ₦362M ₦294M–₦396M 65 Small sample ▼ -0.5%
January 2026 ₦363M ₦295M–₦394M 70 Small sample ▲ +1.6%
December 2025 ₦358M ₦257M–₦390M 64 Small sample ▲ +0.6%
November 2025 ₦356M ₦275M–₦392M 73 Small sample ▲ +8.5%
October 2025 ₦328M ₦254M–₦379M 80 Small sample ▲ +1.3%
September 2025 ₦323M ₦273M–₦370M 93 Small sample ▲ +0.5%
August 2025 ₦322M ₦265M–₦375M 102 ▼ -7.6%
July 2025 ₦348M ₦266M–₦381M 96 Small sample 0.0%
June 2025 ₦348M ₦265M–₦380M 84 Small sample ▲ +3.0%
May 2025 ₦338M ₦263M–₦369M 76 Small sample ▲ +10.8%
April 2025 ₦305M ₦265M–₦359M 86 Small sample ▲ +2.6%
March 2025 ₦297M ₦230M–₦352M 85 Small sample ▼ -1.2%
February 2025 ₦301M ₦229M–₦347M 82 Small sample ▲ +0.6%
January 2025 ₦299M ₦210M–₦327M 58 Small sample ▼ -0.2%
December 2024 ₦300M ₦204M–₦350M 49 Small sample ▲ +11.9%
November 2024 ₦268M ₦187M–₦349M 33 Small sample ▲ +5.4%

Frequently asked

What is the typical 3-bedroom flat price in Lekki Phase 1, Lagos?
The median asking price for 3-bedroom flat listings in Lekki Phase 1, Lagos was ₦382M in October 2026, according to the Private Property House Price Index.
What is the typical range for 3-bedroom flat prices in Lekki Phase 1, Lagos?
Half of the listings counted in October 2026 asked between ₦311M and ₦457M.
Are 3-bedroom flat prices in Lekki Phase 1, Lagos going up?
Yes. The median was up 16.7% on a year earlier: ₦382M in October 2026 against ₦328M 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-1/3-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