Conventional systems for monitoring pipe networks are generally not scalable, impractical in the field with uncontrolled environments or rely of static features of pipes that are vary depending on the pipes under consideration. The ideal sensor-ed monitoring systems are not economically viable. Systems and methods of the present disclosure provide an improved data-driven model to rank pipes in the order of burst probabilities, by including dynamic feature values of pipes such as pressure and flow that depends on network structure and operations. The present disclosure enables estimating approximate values for the dynamic features since they are hard to estimate accurately in the absence of a calibrated hydraulic model. The present disclosure also validates the estimated approximate dynamic feature values for the purpose of estimating bursts likelihood vis-a-vis accurate values of the dynamic metrics.