A Comparative Study on House Price Prediction

Abstract

Machine learning plays a major role from past years in image detection, spam reorganization, normal speech command, product recommendation and medical diagnosis. Present machine learning algorithm helps us in enhancing security alerts, ensuring public safety and improve medical enhancements. Due to increase in urbanization, there is an increase in demand for renting houses and purchasing houses. Therefore, to determine a more effective way to calculate house price accurately is the need of the hour. So, an effort has been made to determine the most accurate way of predicting house price by using machine learning algorithms: Multivariable Linear Regression, Decision Tree Regression and Random Forest Regression and it is determined that Multivariable Linear Regression has showed most accuracy and less error.