estimate the value

USAGE SUMMARY

"estimate the value" is correct and usable in written English.
You can use it when you want to express an educated guess about the value of something. For example, "We need to estimate the value of the house before making an offer."

✓ Grammatically correct

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

Estimate the value associated with each alternative.

Harvard University

He did not estimate the value of the Swedish business.

The New York Times

I cannot begin to estimate the value of that influence".

The New York Times

The catalog does not estimate the value of the sculpture or disclose its owner.

The New York Times - Arts

It is impossible for the layman to estimate the value of this hypothesis.

The New Yorker

It's hard to estimate the value, since there's nothing else like it around".

The New York Times

He declined to estimate the value of a contract to dispose of the PCBs.

The New York Times

They estimate the value using an options pricing model known as Black-Scholes.

The New York Times

Estimate the value that will be created through the expenditure of resources.

The New York Times

Analysts today estimate the value of the two complexes at about $1.9 billion.

The New York Times

Lawyers in the case have declined to estimate the value of the collection.

The New York Times

Expert writing Tips

Best practice

When writing reports or analyses, use "estimate the value" to clearly indicate that you are providing an informed approximation, rather than a precise calculation.

Common error

Avoid presenting estimated values as definitive facts. Always qualify estimations with phrases like "approximately", "roughly", or "in the range of" to avoid misleading your audience.

Linguistic Context

The phrase "estimate the value" functions as a verb phrase used to describe the action of making an approximate calculation or judgment about the worth or price of something. As confirmed by Ludwig, it is considered grammatically correct and frequently used in various contexts.

Expression frequency: Very common

Frequent in

News & Media

39%

Academia

32%

Science

29%

Less common in

Formal & Business

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "estimate the value" is a common and grammatically sound way to express an informed approximation of something's worth. As confirmed by Ludwig, it is suitable for a wide range of contexts, from academic and scientific research to news reporting and general communication. The phrase appears frequently in reputable sources like The New York Times, Harvard University, and The Guardian. When using "estimate the value", it's important to qualify estimations with appropriate language to avoid misrepresenting the accuracy of the assessment. Related phrases such as "assess the worth" and "determine the price" can be used as alternatives depending on the specific context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

assess the worth

Replaces "estimate" with "assess" and "value" with "worth", focusing on a formal evaluation.

determine the price

Focuses on finding the monetary value or cost of something.

gauge the cost

Emphasizes measuring or evaluating the expense associated with something.

approximate the amount

Stresses a rough calculation, suitable when precision is not critical.

evaluate the expense

Highlights a detailed examination of the financial outlay.

calculate the worth

Involves a more mathematical approach to determining value.

appraise the price

Suggests a professional or expert assessment of monetary value.

figure out the value

Implies a problem-solving approach to understanding value.

ascertain the price

Focuses on finding out or establishing the exact price.

judge the cost

Involves forming an opinion or making a judgment about the expense.

FAQs

How can I use "estimate the value" in a sentence?

You can use "estimate the value" to suggest an approximation of something's worth, such as, "Analysts will "estimate the value" of the company's assets before the merger."

What are some alternatives to "estimate the value"?

Depending on the context, you can use alternatives like "assess the worth", "determine the price", or "approximate the amount".

Is it more appropriate to "estimate the value" or "calculate the value"?

"Estimate the value" is suitable when you're making an informed guess, whereas "calculate the value" implies a more precise computation using known data.

What factors should I consider when I "estimate the value" of something?

When you "estimate the value", consider comparable data, market trends, expert opinions, and any available financial metrics to make as informed a judgment as possible.