House Price Pridiction Using Machine Learning


Authors : Dev Mulchandani; Swati Shamkuwar

Volume/Issue : Volume 9 - 2024, Issue 10 - October


Google Scholar : https://tinyurl.com/2235fpvt

Scribd : https://tinyurl.com/mrxemdy5

DOI : https://doi.org/10.38124/ijisrt/IJISRT24OCT1873

Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.


Abstract : This project provides us an overview on how to predict house prices using various machine learning models with the help of different python libraries. This proposed model considers as the most accurate model used for calculating the house price and provides a most accurate prediction. This provides a brief introduction which will be needed to predict the house price. This project consists of what and how the house price model works with the assistance of machine learning technique using scikit-learn and which datasets we will be using in our proposed model. Predicting the price of a house helps for determine the selling price of the house in a particular region and it help people to find the correct time to buy a home. In this task on House Price Prediction using machine learning, our task is to use data to create a machine learning model to predict house prices in the given region. We will implement a linear regression algorithm on our dataset. By using real world data entities, we are going to predict the price of the house in that area. For better results we require data pre-processing units to improve the efficiency of the model. for this project we are using supervised learning, which is a part of machine learning. We have to go through different attributes of the dataset

References :

  1. Housing Price Prediction Using Machine Learning Algorithms: The Case of Melbourne City, Australia, The Danh Phan, 2018 International Conference on Machine Learning and Data Engineering (iCMLDE)
  2. Predicting Sales Prices of the Houses Using Regression Methods of Machine Learning, Parasich Andrey Viktorovich ; Parasich Viktor Aleksandrovich ; Kaftannikov Igor Leopoldovich ; Parasich Irina Vasilevna, 2018 3rd Russian-Pacific Conference on Computer Technology and Applications (RPC)
  3. Real Estate Value Prediction Using Linear Regression, Nehal NGhosalkar ; Sudhir N Dhage, 2018 Fourth International Conference on Computing Communication Control and Automation (ICCUBEA)
  4. Predicting Housing Market Trends Using Twitter Data, Marlon Velthorst ; Cicek Güven, 2019 6th Swiss Conference on Data Science (SDS)
  5. House Price Prediction Using Machine Learning and Neural Networks, Ayush Varma ; Abhijit Sarma ; Sagar Doshi ; Rohini Nair, 2018 Second International Conference on Inventive Communication and Computational Technologies (ICICCT)
  6. Forecasting house price index of China using dendritic neuron model, Ying Yu ; Shuangbao Song ; Tianle Zhou ; Hanaki Yachi ; Shangce Gao, 2016 International Conference on Progress in Informatics and Computing (PIC) 41
  7. Prediction of real estate price variation based on economic parameters, Li Li ; Kai-Hsuan Chu, 2017 International Conference on Applied System Innovation (ICASI)
  8. Predicting house sale price using fuzzy logic, Artificial Neural Network and K-Nearest Neighbor, Muhammad Fahmi Mukhlishin ; Ragil Saputra ; Adi Wibowo, 2017 1st International Conference on Informatics and Computational Sciences (ICICoS)
  9. Comprehensive Analysis of Housing Price Prediction in Pune Using Multi-Featured Random Forest Approach, Rushab Sawant ; Yashwant Jangid ; Tushar Tiwari ; Saurabh Jain ; Ankita Gupta, 2018 Fourth International Conference on Computing Communication Control and Automation (ICCUBEA)
  10. Time-Aware Latent Hierarchical Model for Predicting House Prices, Fei Tan ; Chaoran Cheng ; Zhi Wei, 2017 IEEE International Conference on Data Mining (ICDM)

This project provides us an overview on how to predict house prices using various machine learning models with the help of different python libraries. This proposed model considers as the most accurate model used for calculating the house price and provides a most accurate prediction. This provides a brief introduction which will be needed to predict the house price. This project consists of what and how the house price model works with the assistance of machine learning technique using scikit-learn and which datasets we will be using in our proposed model. Predicting the price of a house helps for determine the selling price of the house in a particular region and it help people to find the correct time to buy a home. In this task on House Price Prediction using machine learning, our task is to use data to create a machine learning model to predict house prices in the given region. We will implement a linear regression algorithm on our dataset. By using real world data entities, we are going to predict the price of the house in that area. For better results we require data pre-processing units to improve the efficiency of the model. for this project we are using supervised learning, which is a part of machine learning. We have to go through different attributes of the dataset

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