Nigeria Property Centre
NIGERIA PROPERTY CENTRE HOUSE PRICE INDEX · OCTOBER 2026 RELEASE

5 bedroom house prices in Victoria Island (VI), Lagos, Nigeria Property Centre House Price Index

Median asking price for 5 bedroom houses across Victoria Island (VI), Lagos, from listings live on any day of the month, or first published in it.

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Median asking price · October 2026 ₦966.2M Typical: ₦838M–₦1,917.4M Half of listings asked between these two prices.

Gross rental yield 6.4%. Similar 5-bed houses rent for about ₦61.8M a year

−0.3 pts on last month

Gross yield: a year's typical asking rent divided by the typical asking price, before service charge, maintenance, agency fees, empty months and tax. Furnished and serviced lets are included.

Reconstructed
Reconstructed October 2026 was worked out after the month ended, from listings archived at the time, so the series starts on the new method.
On last month
+2.8%
From ₦939.8M in Sept 2026
On a year ago
Available from September 2027
First month under this method: Sept 2026
Listings
227
Live on any day of Oct 2026, or first published in it
Month covered
October 2026
1–31 Oct 2026
Released
8 Nov 2026
Next release: 3 Dec 2026
Permalink
#release-2026-10
MEDIAN ASKING PRICE

Monthly figure since September 2026

Median Typical range Previous method
Oct 2026 Previous method On last month Median ₦966.2M Typical range ₦838M–₦1,917.4M Tap a month to see its figures
Method changed
₦2,000M ₦1,500M ₦1,000M ₦500M ₦0
₦116.7M
₦184.5M
₦243.3M
₦171.1M
₦157.1M
₦129.8M
₦158.6M
₦150.7M
₦158.5M
₦245M
₦296.5M
₦391.5M
₦553.5M
₦700.6M
₦900M
'12 '13 '14 '15 '16 '17 '18 '19 '20 '21 '22 '23 '24 '25 Aug
₦939.8M
₦966.2M
Sep Oct

Grey bars, 2012–Aug 2026. Previous method: median asking price of listings created in the previous six months. Shown for context only; no change is worked out across the line. September 2026 is reconstructed.

Every release

Month by month

Each month has its own link. Use it when you quote a figure.

October 2026 Released 8 Nov 2026 · Latest
₦966.2M
₦838M–₦1,917.4M · 227 listings Gross yield 6.4%
On last month +2.8%
On a year ago From Sept 2027
Reconstructed
Rebuilt from listings archived at the time. First month under this method.
September 2026 Released 11 Oct 2026
₦939.8M
₦805.9M–₦1,725.1M · 237 listings Gross yield 6.7%
On last month Not available
On a year ago From Sept 2027
Reconstructed
Rebuilt from listings archived at the time. First month under this method.
Method changed, Sept 2026. No change is worked out across this line.
August 2026 Released Sept 2026 · Previous method
₦900M
Range not published · —
On last monthNot comparable
On a year agoNot comparable
BREAKDOWN · OCTOBER 2026

Sale in Victoria Island (VI) by size, type

By bedrooms

Live listings, not part of the index

Listings today

167 5 bedroom houses for sale in Victoria Island (VI), Lagos are listed right now.

View all 167 listings
Cheapest live listing
₦1,500,000

House for sale

Detached House with BQ Sitting on 1315SQM

For Sale Detached house with boysquater on 1315sqm @ The New Market Road, Oniru Estate, by item 7GO. Price: N1.5m/per sqm

Market Road, Oniru, Victoria Island (VI), Lagos
5
Loftcode LTD
Priciest live listing
5 Bedrooms Detached Villas + 2 BQ
Featured
11
$5,000,000

House for sale

5 Bedrooms Detached Villas + 2 BQ

Villa Series (The Smart House)* This is an exclusive ongoing ultra-luxury development of smart homes consisting of 4units of 5bedroom fully detached villas. Price: 5bedroom detached villas + 2BQ (700sqm) - $5,000,000 5bedroom detached villas + 2BQ (650sqm) - $4,500,000 5bedroom detached villas + 2BQ (600sqm) - $4,500,000 Facilities include : 5bedrooms 2living rooms Full home automation by Schneider electric Fully Solar powered Double volume master's bedroom Fully fitted kitchen Central Air-conditioning unit Fitted wardrobes Top notch security doors CCTV Elevators Furnished Cinema Swimming pool Rooftop terrace/lounge Play area 2room BQ Parking space for up to 5cars etc. Current stage: Internal and External finishing Completion date: Q2 2026 Title: Deed of Assignment Code: Hlf 01 Note:Direct clients only.

Victoria Island (VI), Lagos
5
Hope Land Fresh Property LTD

Asking prices on live listings change through the month and are not used to work out the index figures above.

Frequently asked

Popular questions

What is the median asking price for 5 bedroom houses in Victoria Island (VI), Lagos?

The median asking price for 5 bedroom houses in Victoria Island (VI), Lagos is ₦966.2M, according to the Nigeria Property Centre House Price Index, October 2026 release.

What is the typical range for 5 bedroom houses in Victoria Island (VI), Lagos?

Half of the listings counted in October 2026 asked between ₦838M and ₦1,917.4M.

How did 5 bedroom houses in Victoria Island (VI), Lagos change on last month?

The figure moved +2.8% on the previous month in the October 2026 release.

How many 5 bedroom houses in Victoria Island (VI), Lagos are listed now?

There are 167 5 bedroom houses for sale in Victoria Island (VI), Lagos listed right now on Nigeria Property Centre.

Using this data.

Free to use with credit. You can quote and republish these figures, as long as you credit Nigeria Property Centre and link back to this page. They are licensed under CC BY 4.0, as set out in our terms of use.

House Price Index, gross rental yield 6.4%, October 2026 release, Nigeria Property Centre, https://nigeriapropertycentre.com/market-trends/average-prices/for-sale/houses/lagos/victoria-island?bedrooms=5#release-2026-10

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