Land prices in Power Line Estate, Lagos
Power Line Estate is a gated estate in Mile 12, Kosofe LGA, Lagos, in the middle-income zone. Residential land is about ₦330,000 per m², so a typical 600 m² plot is about ₦198m.
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| Typical 600 m² plot | ₦198m | residential |
| Land: residential | ₦330,000 | per m² |
| Land: commercial | ₦454,091 | per m² |
| Land: industrial | ₦401,321 | per m² |
| Building: 2-bed flat | ₦117.7m | asking price |
| Building: 3-bed flat | ₦188.4m | asking price |
| Building: 4-bed house | ₦314.3m | asking price |
| Building: 5-bed house | ₦437.4m | asking price |
| Rent: 1-bed / mini flat | ₦1.9m | per year |
| Rent: 2-bed flat | ₦3.7m | per year |
| Rent: 3-bed flat | ₦5.7m | per year |
| Rent: 4-bed house | ₦14.8m | per year |
| Rent: shop or office | ₦43,636 | per m² per year |
Kosofe LGA as a whole: ₦242,000 per m² median. Coordinates 6.62510, 3.39150.
Questions people ask
How much is a plot of land in Power Line Estate, Lagos?
A typical 600 m² residential plot in Power Line Estate, Lagos is about ₦198m (around ₦330,000 per m²) in asking prices as of October 2026. Commercial land is about ₦454,091 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Power Line Estate, Lagos?
About ₦5.7m a year for a 3-bedroom flat, ₦3.7m for a 2-bedroom flat and ₦1.9m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Power Line Estate, Lagos?
Asking prices for a 4-bedroom house in Power Line Estate, Lagos are around ₦314.3m; a 3-bedroom flat around ₦188.4m (October 2026).