According to the forecast, the North West and Yorkshire & the Humber are the UK regions expected to see the highest overall growth in house prices over the five-year period between 2025 and 2029. Just behind are the North East and West Midlands. In London, house prices are expected to rise by **** percent.

After a period of rapid increase, house price growth in the UK has moderated. In 2025, house prices are forecast to increase by ****percent. Between 2025 and 2029, the average house price growth is projected at *** percent. According to the source, home building is expected to increase slightly in this period, fueling home buying. On the other hand, higher borrowing costs despite recent easing of mortgage rates and affordability challenges may continue to suppress transaction activity. Historical house price growth in the UK House prices rose steadily between 2015 and 2020, despite minor fluctuations. In the following two years, prices soared, leading to the house price index jumping by about 20 percent. As the market stood in April 2025, the average price for a home stood at approximately ******* British pounds. Rents are expected to continue to grow According to another forecast, the prime residential market is also expected to see rental prices grow in the next five years. Growth is forecast to be stronger in 2025 and slow slightly until 2029. The rental market in London is expected to follow a similar trend, with Outer London slightly outperforming Central London.

House Price Prediction Dataset.

The dataset contains 2000 rows of house-related data, representing various features that could influence house prices. Below, we discuss key aspects of the dataset, which include its structure, the choice of features, and potential use cases for analysis.

1. Dataset Features

The dataset is designed to capture essential attributes for predicting house prices, including:

Area: Square footage of the house, which is generally one of the most important predictors of price. Bedrooms & Bathrooms: The number of rooms in a house significantly affects its value. Homes with more rooms tend to be priced higher. Floors: The number of floors in a house could indicate a larger, more luxurious home, potentially raising its price. Year Built: The age of the house can affect its condition and value. Newly built houses are generally more expensive than older ones. Location: Houses in desirable locations such as downtown or urban areas tend to be priced higher than those in suburban or rural areas. Condition: The current condition of the house is critical, as well-maintained houses (in 'Excellent' or 'Good' condition) will attract higher prices compared to houses in 'Fair' or 'Poor' condition. Garage: Availability of a garage can increase the price due to added convenience and space. Price: The target variable, representing the sale price of the house, used to train machine learning models to predict house prices based on the other features.

2. Feature Distributions

Area Distribution: The area of the houses in the dataset ranges from 500 to 5000 square feet, which allows analysis across different types of homes, from smaller apartments to larger luxury houses. Bedrooms and Bathrooms: The number of bedrooms varies from 1 to 5, and bathrooms from 1 to 4. This variance enables analysis of homes with different sizes and layouts. Floors: Houses in the dataset have between 1 and 3 floors. This feature could be useful for identifying the influence of multi-level homes on house prices. Year Built: The dataset contains houses built from 1900 to 2023, giving a wide range of house ages to analyze the effects of new vs. older construction. Location: There is a mix of urban, suburban, downtown, and rural locations. Urban and downtown homes may command higher prices due to proximity to amenities. Condition: Houses are labeled as 'Excellent', 'Good', 'Fair', or 'Poor'. This feature helps model the price differences based on the current state of the house. Price Distribution: Prices range between $50,000 and $1,000,000, offering a broad spectrum of property values. This range makes the dataset appropriate for predicting a wide variety of housing prices, from affordable homes to luxury properties.

3. Correlation Between Features

A key area of interest is the relationship between various features and house price: Area and Price: Typically, a strong positive correlation is expected between the size of the house (Area) and its price. Larger homes are likely to be more expensive. Location and Price: Location is another major factor. Houses in urban or downtown areas may show a higher price on average compared to suburban and rural locations. Condition and Price: The condition of the house should show a positive correlation with price. Houses in better condition should be priced higher, as they require less maintenance and repair. Year Built and Price: Newer houses might command a higher price due to better construction standards, modern amenities, and less wear-and-tear, but some older homes in good condition may retain historical value. Garage and Price: A house with a garage may be more expensive than one without, as it provides extra storage or parking space.

4. Potential Use Cases

The dataset is well-suited for various machine learning and data analysis applications, including:

House Price Prediction: Using regression techniques, this dataset can be used to build a model to predict house prices based on the available features. Feature Importance Analysis: By using techniques such as feature importance ranking, data scientists can determine which features (e.g., location, area, or condition) have the greatest impact on house prices. Clustering: Clustering techniques like k-means could help identify patterns in the data, such as grouping houses into segments based on their characteristics (e.g., luxury homes, affordable homes). Market Segmentation: The dataset can be used to perform segmentation by location, price range, or house type to analyze trends in specific sub-markets, like luxury vs. affordable housing. Time-Based Analysis: By studying how house prices vary with the year built or the age of the house, analysts can derive insights into the trends of older vs. newer homes.

5. Limitations and ...

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Description:

A simple yet challenging project, to predict the housing price based on certain factors like house area, bedrooms, furnished, nearness to mainroad, etc. The dataset is small yet, it's complexity arises due to the fact that it has strong multicollinearity. Can you overcome these obstacles & build a decent predictive model?

Acknowledgement:

Harrison, D. and Rubinfeld, D.L. (1978) Hedonic prices and the demand for clean air. J. Environ. Economics and Management 5, 81–102. Belsley D.A., Kuh, E. and Welsch, R.E. (1980) Regression Diagnostics. Identifying Influential Data and Sources of Collinearity. New York: Wiley.

Objective:

• Understand the Dataset & cleanup (if required).
• Build Regression models to predict the sales w.r.t a single & multiple feature.
• Also evaluate the models & compare thier respective scores like R2, RMSE, etc.

According to the forecast, house prices in London are expected to continue to increase until 2029. During the five-year period from 2025 to 2029, the house prices for mainstream properties are forecast to rise by **** percent. In 2023, the average house price in London ranged between ******* British pounds and *** million British pounds, depending on the borough. Barking and Dagenham, Bexley, Newham, and Croydon were some of the most affordable boroughs to buy a house.

House prices in Spain are forecast to fall in 2024, after increasing by *** percent in 2023. Nevertheless, prices are expected to pick up in 2025, with an increase of ***********. The Portuguese housing market, on the other hand, grew by *** percent in 2023, but was forecast to contract in the next two years.

• Objective: To predict the prices of houses in the City of Melbourne
• Approach: Using Decision Tree and Random Forest https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F10868729%2Ffc6fb7d0bd8e854daf7a6f033937a397%2FPicture1.png?generation=1693489996707941&alt=media" alt="">
• Data Cleaning:
• Date column is shown as a character vector which is converted into a date vector using the library ‘lubridate’
• We create a new column called age to understand the age of the house as it can be a factor in the pricing of the house. We extract the year from column ‘Date’ and subtract it from the column ‘Year Built’
• We remove 11566 records which have missing values
• We drop columns which are not significant such as ‘X’, ‘suburb’, ‘address’, (we have kept zipcode as it serves the purpose in place of suburb and address), ‘type’, ‘method’, ‘SellerG’, ‘date’, ‘Car’, ‘year built’, ‘Council Area’, ‘Region Name’
• We split the data into ‘train’ and ‘test’ in 80/20 ratio using the sample function
• Run libraries ‘rpart’, ‘rpart.plot’, ‘rattle’, ‘RcolorBrewer’
• Run decision tree using the rpart function. ‘Price’ is the dependent variable https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F10868729%2F6065322d19b1376c4a341a4f22933a51%2FPicture2.png?generation=1693490067579017&alt=media" alt="">
• Average price for 5464 houses is $1084349
• Where building area is less than 200.5, the average price for 4582 houses is $931445. Where building area is less than 200.5 & age of the building is less than 67.5 years, the avg price for 3385 houses is $799299.6.
• $4801538 is the Highest average prices of 13 houses where distance is lower than 5.35 & building are is >280.5
  https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F10868729%2F136542b7afb6f03c1890bae9b07dc464%2FDecision%20Tree%20Plot.jpeg?generation=1693490124083168&alt=media" alt="">
• We use the caret package for tuning the parameter and the optimal complexity parameter found is 0.01 with RMSE 445197.9 https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F10868729%2Feb1633df9dd61ba3a51574873b055fd0%2FPicture3.png?generation=1693490163033658&alt=media" alt="">
• We use library (Metrics) to find out the RMSE ($392107), MAPE (0.297) which means an accuracy of 99.70% and MAE ($272015.4)
• Variables ‘postcode’, longitude and building are the most important variables
• Test$Price indicates the actual price and test$predicted indicates the predicted price for particular 6 houses. https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F10868729%2F620b1aad968c9aee169d0e7371bf3818%2FPicture4.png?generation=1693490211728176&alt=media" alt="">
• We use the default parameters of random forest on the train data https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F10868729%2Fe9a3c3f8776ee055e4a1bb92d782e19c%2FPicture5.png?generation=1693490244695668&alt=media" alt="">
• The below image indicates that ‘Building Area’, ‘Age of the house’ and ‘Distance’ are the most important variables that affect the price of the house. https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F10868729%2Fc14d6266184db8f30290c528d72b9f6b%2FRandom%20Forest%20Variables%20Importance.jpeg?generation=1693490284920037&alt=media" alt="">
• Based on the default parameters, RMSE is $250426.2, MAPE is 0.147 (accuracy is 99.853%) and MAE is $151657.7
• Error starts to remain constant between 100 to 200 trees and thereafter there is almost minimal reduction. We can choose N tree=200. https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F10868729%2F365f9e8587d3a65805330889d22f9e60%2FNtree%20Plot.jpeg?generation=1693490308734539&alt=media" alt="">
• We tune the model and find mtry = 3 has the lowest out of bag error
• We use the caret package and use 5 fold cross validation technique
• RMSE is $252216.10 , MAPE is 0.146 (accuracy is 99.854%) , MAE is $151669.4
• We can conclude that Random Forest give us more accurate results as compared to Decision Tree
• In Random Forest , the default parameters (N tree = 500) give us lower RMSE and MAPE as compared to N tree = 200. So we can proceed with those parameters.

Housing Index in the United Kingdom increased to 517.10 points in October from 514.20 points in September of 2025. This dataset provides - United Kingdom House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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Same dataset as "House Sales in King County, USA", but with treated content and with a split version (train-test) allowing direct use in machine learning models.

We have 14 columns in the dataset, as it follows:

• date: Date of the home sale
• price: Price of each home sold
• bedrooms: Number of bedrooms
• bathrooms: Number of bathrooms
• living_in_m2: Square meters of the apartments interior living space
• nice_view: A flag that indicates the view's quality of a property
• perfect_condition: A flag that indicates the maximum index of the apartment condition
• grade: An index from 1 to 5, where 1 falls short of quality level and 5 have a high quality level of construction and design
• has_basement: A flag indicating whether or not a property has a basement
• renovated: A flag if the property was renovated
• has_lavatory: Check for the presence of these incomplete/secondary bathrooms (bathtub, sink, toilet)
• single_floor: A flag indicating whether the property had only one floor
• month: The month of the home sale
• quartile_zone: A quartile distribution index of the most expensive zip codes, where 1 means less expansive and 4 most expansive.

This dataset contains the predicted prices of the asset Based House over the next 16 years. This data is calculated initially using a default 5 percent annual growth rate, and after page load, it features a sliding scale component where the user can then further adjust the growth rate to their own positive or negative projections. The maximum positive adjustable growth rate is 100 percent, and the minimum adjustable growth rate is -100 percent.

This dataset contains the predicted prices of the asset houses over the next 16 years. This data is calculated initially using a default 5 percent annual growth rate, and after page load, it features a sliding scale component where the user can then further adjust the growth rate to their own positive or negative projections. The maximum positive adjustable growth rate is 100 percent, and the minimum adjustable growth rate is -100 percent.

Key information about House Prices Growth

• US house prices grew 3.3% YoY in Sep 2025, following an increase of 4.1% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1992 to Sep 2025, with an average growth rate of -12.4%.
• House price data reached an all-time high of 17.7% in Sep 2021 and a record low of -12.4% in Dec 2008.

Housing Index in Germany increased to 220.43 points in October from 219.91 points in September of 2025. This dataset provides the latest reported value for - Germany House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Housing Index in Hong Kong increased to 143.46 points in November 23 from 142.49 points in the previous week. This dataset provides - Hong Kong House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Content

The dataset consists of Price of Houses in King County , Washington from sales between May 2014 and May 2015. Along with house price it consists of information on 18 house features, date of sale and ID of sale.

Attribute information

1. id - Unique id for each home sold
2. date - Date of the home saled
3. price - Price of each home sold
4. bedrooms - Number of bedrooms
5. bathrooms - Number of bathrooms
6. sqft _ living - Square footage of the apartments interior living space
7. sqft _ lot - Square footage of the land space
8. floors - Number of floors
9. waterfront - A dummy variable for whether the apartment was overlooking the waterfront or not
10. view - An index from 0 to 4 of how good the view of the property was
11. condition - an index from 1 to 5 on the condition of the apartment
12. grade - An index from 1 to 13 , where 1-3falls short of building construction and design, 7 has an average level of construction and design , and 11-13 have a high quality level of construction and design
13. sqft _ above - the square footage of the interior housing space that is above ground level
14. sqft _ basement - the square footage of the inerior housing space that is below ground level
15. yr _ built - The year of the house was initially built
16. yr _ renovated - The year of the house's last renovation
17. zipcode - What zipcode area the house is in
18. lat - Lattitude
19. long - Longitude
20. sqft _ living15 - The square footage of inerior housing living space for the nearest nearest 15 neighbours
21. sqft _ lot15 - the square footage of the land lots of the nearest 15 neighbours

The number of U.S. home sales in the United States declined in 2024, after soaring in 2021. A total of four million transactions of existing homes, including single-family, condo, and co-ops, were completed in 2024, down from 6.12 million in 2021. According to the forecast, the housing market is forecast to head for recovery in 2025, despite transaction volumes expected to remain below the long-term average. Why have home sales declined? The housing boom during the coronavirus pandemic has demonstrated that being a homeowner is still an integral part of the American dream. Nevertheless, sentiment declined in the second half of 2022 and Americans across all generations agreed that the time was not right to buy a home. A combination of factors has led to house prices rocketing and making homeownership unaffordable for the average buyer. A survey among owners and renters found that the high home prices and unfavorable economic conditions were the two main barriers to making a home purchase. People who would like to purchase their own home need to save up a deposit, have a good credit score, and a steady and sufficient income to be approved for a mortgage. In 2022, mortgage rates experienced the most aggressive increase in history, making the total cost of homeownership substantially higher. Are U.S. home prices expected to fall? The median sales price of existing homes stood at 413,000 U.S. dollars in 2024 and was forecast to increase slightly until 2026. The development of the S&P/Case Shiller U.S. National Home Price Index shows that home prices experienced seven consecutive months of decline between June 2022 and January 2023, but this trend reversed in the following months. Despite mild fluctuations throughout the year, home prices in many metros are forecast to continue to grow, albeit at a much slower rate.

Prices for prime residential real estate in Central London were expected to decline slightly in 2024, followed by a gradual increase until 2028, according to a *********** forecast. During the five-year period, the prices are forecast to rise by **** percent. In comparison, regional prime property prices and Outer London prime property prices are forecast to grow at a lower rate.

Housing Index in Netherlands increased to 152.30 points in October from 151.60 points in September of 2025. This dataset provides - Netherlands House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This dataset contains the predicted prices of the asset plz house over the next 16 years. This data is calculated initially using a default 5 percent annual growth rate, and after page load, it features a sliding scale component where the user can then further adjust the growth rate to their own positive or negative projections. The maximum positive adjustable growth rate is 100 percent, and the minimum adjustable growth rate is -100 percent.

Housing Index in Sweden increased to 959 points in the third quarter of 2025 from 945 points in the second quarter of 2025. This dataset provides - Sweden House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.