This is a dataset of house prices in 2023. It has been sourced from here.
There are a lot of possibilities for this dataset and some of them have been listed below:
General Overview:
- What is the average price of properties in the dataset?
- What is the distribution of property types (e.g., flats, houses, penthouses)?
- How many properties are listed for sale, and in which cities?
Location Analysis:
- Which locations have the highest and lowest average property prices?
- What are the most popular locations based on the number of listings?
Property Characteristics:
- What is the average number of bedrooms and bathrooms for listed properties?
- How does property size vary across different types and locations?
Price Analysis:
- Are there outliers or high-value properties in the dataset?
- How does property price correlate with the number of bedrooms and bathrooms?
City Comparison:
- How do property prices differ between cities?
- Are there specific property types more common in certain cities?
Purpose of Listings:
- What is the distribution of properties based on their purpose (e.g., for sale)?
- How does the average price vary between different purposes?
Specific Property Types:
- What is the average price and size of flats in the dataset?
- Are there trends or patterns specific to flats, houses, or other property types?
Popular Locations and Property Types:
- Identify popular locations based on the number of listings.
- Are certain property types more prevalent in popular locations?
Feature Importance:
- Which features (e.g., location, number of bedrooms) contribute the most to predicting property prices?
- Can we identify the top features that influence the model's predictions?
Property Type Classification:
- Can we use machine learning to classify properties into different types (e.g., flat, house, penthouse) based on their features?
- What is the accuracy of classification models in identifying property types?
Location-based Clustering:
- Are there natural clusters of properties based on their location, and can we identify them using machine learning clustering algorithms?
- How well do clustering algorithms group similar properties together?
Outlier Detection with ML:
- Can machine learning algorithms automatically detect outliers or high-value properties in the dataset?
- How effective are anomaly detection methods in identifying unusual property listings?
Optimal Property Selection:
- Can machine learning help identify the optimal combination of features for a property that maximizes its sale price or rental income?
- How well can models recommend suitable properties based on user preferences?
Customer Segmentation:
- Are there distinct segments of customers with specific preferences for property features?
- Can machine learning algorithms identify and characterize these customer segments?
Property Investment Risk Assessment:
- How can machine learning assist in assessing the risk associated with investing in certain types of properties or locations?
- Can we build a model to predict potential property value fluctuations?
Predictive Modeling:
- Can we build a machine learning model to predict property prices based on features such as location, number of bedrooms, and size?
- What is the performance (accuracy, RMSE, etc.) of different regression models for predicting property prices?
Happy Processing!!!