Buildocrat Land Value Book

Land prices in Covenant Estate Ayeberi, Lagos

Covenant Estate Ayeberi is a gated estate in Chrismartin Avenue, Ikorodu, Ikorodu LGA, Lagos, in the lower-income zone. Residential land is about ₦57,000 per m², so a typical 600 m² plot is about ₦34.2m.

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Land, building and rental values

Typical 600 m² plot₦34.2mresidential
Land: residential₦57,000per m²
Land: commercial₦162,627per m²
Land: industrial₦77,883per m²
Building: 2-bed flat₦57.2masking price
Building: 3-bed flat₦87.1masking price
Building: 4-bed house₦121.2masking price
Building: 5-bed house₦153.2masking price
Rent: 1-bed / mini flat₦857,918per year
Rent: 2-bed flat₦1.7mper year
Rent: 3-bed flat₦2.7mper year
Rent: 4-bed house₦6.2mper year
Rent: shop or office₦18,517per m² per year

Ikorodu LGA as a whole: ₦35,400 per m² median. Coordinates 6.63330, 3.56680.

Questions people ask

How much is a plot of land in Covenant Estate Ayeberi, Lagos?

A typical 600 m² residential plot in Covenant Estate Ayeberi, Lagos is about ₦34.2m (around ₦57,000 per m²) in asking prices as of October 2026. Commercial land is about ₦162,627 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Covenant Estate Ayeberi, Lagos?

About ₦2.7m a year for a 3-bedroom flat, ₦1.7m for a 2-bedroom flat and ₦857,918 for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Covenant Estate Ayeberi, Lagos?

Asking prices for a 4-bedroom house in Covenant Estate Ayeberi, Lagos are around ₦121.2m; a 3-bedroom flat around ₦87.1m (October 2026).

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