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House Price Prediction Analysis Project

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25 views7 pages

House Price Prediction Analysis Project

Uploaded by

safiulfulu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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house-price-prediction-analysis

September 2, 2024

1 House Price Prediction Analysis

[1]: import pandas as pd

[7]: # Load the dataset


df = pd.read_csv('https://raw.githubusercontent.com/ywchiu/riii/master/data/
house-prices.csv')

[8]: df

[8]: Home Price SqFt Bedrooms Bathrooms Offers Brick Neighborhood


0 1 114300 1790 2 2 2 No East
1 2 114200 2030 4 2 3 No East
2 3 114800 1740 3 2 1 No East
3 4 94700 1980 3 2 3 No East
4 5 119800 2130 3 3 3 No East
.. … … … … … … … …
123 124 119700 1900 3 3 3 Yes East
124 125 147900 2160 4 3 3 Yes East
125 126 113500 2070 2 2 2 No North
126 127 149900 2020 3 3 1 No West
127 128 124600 2250 3 3 4 No North

[128 rows x 8 columns]

[9]: # Display the f i r s t few rows o f the dataset


df.head()

[9]: Home Price SqFt Bedrooms Bathrooms Offers Brick Neighborhood


0 1 114300 1790 2 2 2 No East
1 2 114200 2030 4 2 3 No East
2 3 114800 1740 3 2 1 No East
3 4 94700 1980 3 2 3 No East
4 5 119800 2130 3 3 3 No East

2
2 Data Cleaning

[10]: # Check f o r missing values


df.isnull().sum()

[10]: Home 0
Price 0
SqFt 0
Bedrooms 0
Bathrooms 0
Offers 0
Brick 0
Neighborhood 0
dtype: int64

3 Exploratory Data Analysis

[14]: import numpy as np


import matplotlib.pyplot as p l t
import seaborn as sns

[15]: # Overview o f the dataset


df.describe()

[15]: Home Price SqFt Bedrooms Bathrooms \


count 128.000000 128.000000 128.000000 128.000000 128.000000
mean 64.500000 130427.343750 2000.937500 3.023438 2.445312
std 37.094474 26868.770371 211.572431 0.725951 0.514492
min 1.000000 69100.000000 1450.000000 2.000000 2.000000
25% 32.750000 111325.000000 1880.000000 3.000000 2.000000
50% 64.500000 125950.000000 2000.000000 3.000000 2.000000
75% 96.250000 148250.000000 2140.000000 3.000000 3.000000
max 128.000000 211200.000000 2590.000000 5.000000 4.000000

Offers
count 128.000000
mean 2.578125
std 1.069324
min 1.000000
25% 2.000000
50% 3.000000
75% 3.000000
max 6.000000

[16]: # Distribut io n o f house p r i c e s


plt.figure(figsize=(8, 6))

3
sns.histplot(df['Price'], bins=50, kde=True)
plt.title('Distribution of House Prices')
plt.xlabel('Price')
plt.ylabel('Frequency')
plt.show()

[17]: # Relationship between house s i z e and price


plt.figure(figsize=(10, 6))
sns.scatterplot(x='SqFt', y='Price', data=df)
plt.title('House Size vs. Price')
plt.xlabel('Size (SqFt)')
plt.ylabel('Price')
plt.show()

4
[18]: # Average house price f o r number o f bedrooms
plt.figure(figsize=(8, 6))
sns.barplot(x='Bedrooms', y='Price', data=df, palette='coolwarm')
plt.title('Average House Price by Number of Bedrooms')
plt.xlabel('Number of Bedrooms')
plt.ylabel('Average Price')
plt.show()

C:\Users\SOUMEN\AppData\Local\Temp\ipykernel_19820\3439380094.py:3:
FutureWarning:

Passing `palette` without assigning `hue` is deprecated and will be removed in


v0.14.0. Assign the `x` variable to `hue` and set `legend=False` for the same
effect.

sns.barplot(x='Bedrooms', y='Price', data=df, palette='coolwarm')

5
[23]: # Average house price per Neighborhood
plt.figure(figsize=(12, 6))
sns.boxplot(x='Neighborhood', y='Price', data=df)
plt.xticks(rotation=45)
plt.title('House Prices by Neighborhood')
plt.show()

6
Insights from the Analysis:
From this project, we can conclude the following insights-
• Size and Price: House size is one of the key factors driving house prices. Larger
homes generally command higher prices.
• Bedrooms and Price: The number of bedrooms also impacts house prices, but the
relationship is not linear—other factors like location and size play important roles.
• Location's Influence: Location is a critical factor in determining house prices, with
significant variation across different regions or neighborhoods.

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