Buildocrat Land Value Book

Land prices in Marvellous Estate, Lagos

Marvellous Estate is a gated estate in Ikorodu, Ikorodu LGA, Lagos, in the lower-income zone. Residential land is about ₦39,000 per m², so a typical 600 m² plot is about ₦23.4m.

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Land, building and rental values

Typical 600 m² plot₦23.4mresidential
Land: residential₦39,000per m²
Land: commercial₦111,271per m²
Land: industrial₦59,714per m²
Building: 2-bed flat₦49.7masking price
Building: 3-bed flat₦75.2masking price
Building: 4-bed house₦103.8masking price
Building: 5-bed house₦126.1masking price
Rent: 1-bed / mini flat₦738,679per year
Rent: 2-bed flat₦1.5mper year
Rent: 3-bed flat₦2.3mper year
Rent: 4-bed house₦5.4mper year
Rent: shop or office₦12,669per m² per year

Ikorodu LGA as a whole: ₦35,400 per m² median. Coordinates 6.64450, 3.56840.

Questions people ask

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

A typical 600 m² residential plot in Marvellous Estate, Lagos is about ₦23.4m (around ₦39,000 per m²) in asking prices as of October 2026. Commercial land is about ₦111,271 per m². Source: Buildocrat Land Value Book, updated weekly.

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

About ₦2.3m a year for a 3-bedroom flat, ₦1.5m for a 2-bedroom flat and ₦738,679 for a 1-bedroom or mini flat (October 2026).

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

Asking prices for a 4-bedroom house in Marvellous Estate, Lagos are around ₦103.8m; a 3-bedroom flat around ₦75.2m (October 2026).

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