Buildocrat Land Value Book

Land prices in New Heaven Estate, Lagos

New Heaven Estate is a gated estate in Badagry, Badagry LGA, Lagos, in the middle-income zone. Residential land is about ₦21,000 per m², so a typical 600 m² plot is about ₦12.6m. Location approximate (taken from listing addresses).

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Land, building and rental values

Typical 600 m² plot₦12.6mresidential
Land: residential₦21,000per m²
Land: commercial₦38,000per m²
Land: industrial₦36,033per m²
Building: 2-bed flat₦49.1masking price
Building: 3-bed flat₦57.1masking price
Building: 4-bed house₦72.9masking price
Building: 5-bed house₦88.4masking price
Rent: 1-bed / mini flat₦667,844per year
Rent: 2-bed flat₦1.4mper year
Rent: 3-bed flat₦1.9mper year
Rent: 4-bed house₦4.6mper year
Rent: shop or office₦14,850per m² per year

Badagry LGA as a whole: ₦12,600 per m² median. Coordinates 6.43210, 2.91770.

Questions people ask

How much is a plot of land in New Heaven Estate, Lagos?

A typical 600 m² residential plot in New Heaven Estate, Lagos is about ₦12.6m (around ₦21,000 per m²) in asking prices as of October 2026. Commercial land is about ₦38,000 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in New Heaven Estate, Lagos?

About ₦1.9m a year for a 3-bedroom flat, ₦1.4m for a 2-bedroom flat and ₦667,844 for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in New Heaven Estate, Lagos?

Asking prices for a 4-bedroom house in New Heaven Estate, Lagos are around ₦72.9m; a 3-bedroom flat around ₦57.1m (October 2026).

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