Land prices in Thomas Estate, Lagos
Thomas Estate is a gated estate in Ajah, Eti Osa LGA, Lagos, in the middle-income zone. Residential land is about ₦160,000 per m², so a typical 600 m² plot is about ₦96m.
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| Typical 600 m² plot | ₦96m | residential |
| Land: residential | ₦160,000 | per m² |
| Land: commercial | ₦232,063 | per m² |
| Land: industrial | ₦241,419 | per m² |
| Building: 2-bed flat | ₦129.2m | asking price |
| Building: 3-bed flat | ₦148.6m | asking price |
| Building: 4-bed house | ₦185.7m | asking price |
| Building: 5-bed house | ₦346.3m | asking price |
| Rent: 1-bed / mini flat | ₦2.1m | per year |
| Rent: 2-bed flat | ₦4.9m | per year |
| Rent: 3-bed flat | ₦6.2m | per year |
| Rent: 4-bed house | ₦7.7m | per year |
| Rent: shop or office | ₦32,698 | per m² per year |
Eti Osa LGA as a whole: ₦504,000 per m² median. Coordinates 6.47330, 3.57510.
Questions people ask
How much is a plot of land in Thomas Estate, Lagos?
A typical 600 m² residential plot in Thomas Estate, Lagos is about ₦96m (around ₦160,000 per m²) in asking prices as of October 2026. Commercial land is about ₦232,063 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Thomas Estate, Lagos?
About ₦6.2m a year for a 3-bedroom flat, ₦4.9m for a 2-bedroom flat and ₦2.1m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Thomas Estate, Lagos?
Asking prices for a 4-bedroom house in Thomas Estate, Lagos are around ₦185.7m; a 3-bedroom flat around ₦148.6m (October 2026).