estimated value

USAGE SUMMARY

"estimated value" is correct and usable in written English.
You can use it to describe a rough guess of a numerical value, such as the estimated value of a property. For example, "The estimated value of the house was $800,000."

✓ Grammatically correct

News & Media

Science

Academia

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Estimated value of Darth Maul doll: £1,99 Estimated value of Mick doll: £25,37.

Vice

Estimated value: $2 million.

The New York Times

Estimated value of their home.

The Washington Post

Real Estate: 12,900 square feet, estimated value $800,000.

The New York Times

The president's proposal merely lowered the island's estimated value to $300 million from $500 million.

The New York Times

The paintings have an estimated value of tens of millions of dollars, if sold at auction.

The Guardian - Arts

The contract will run for five years and have an estimated value of £3m.

The Guardian

Property website Zoopla, lists its current estimated value as around £250,000.

The Guardian

"Based on the sample, the estimated value is about $650 million," Colonel Huey said.

The New York Times

The items had an estimated value of more than $1 million.

The New York Times

Still, cutting Messi's current estimated value of €120m in half, at €60m or $64.2m, seems fair.

The Guardian - Sport

Expert writing Tips

Best practice

When using "estimated value", ensure the context clearly indicates the basis for the estimation. Provide details about the methodology or data used to arrive at the estimated value to enhance credibility.

Common error

Avoid presenting the "estimated value" as a definitive or precise figure. Use qualifiers like "approximately", "roughly", or "in the range of" to acknowledge the inherent uncertainty in estimations.

Linguistic Context

The phrase "estimated value" functions primarily as a noun phrase. It refers to the approximate worth or worthiness assigned to something, often based on available data or expert judgment. Ludwig examples showcase its usage in diverse domains.

Expression frequency: Very common

Frequent in

News & Media

38%

Science

31%

Academia

19%

Less common in

Formal & Business

7%

Wiki

3%

Reference

2%

Ludwig's WRAP-UP

The phrase "estimated value" is a grammatically correct and frequently used noun phrase that denotes the approximate worth of something. As Ludwig AI confirms, it is suitable for general use. It finds common application across various fields, especially News & Media, Science, and Academia. When using "estimated value", avoid overstating its accuracy and always provide context for the estimation. Alternatives include "approximate value" and "projected value", each carrying slightly different connotations. The frequency and diverse context of the expression guarantees ease of understanding and application.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

approximate value

Replaces "estimated" with a synonym indicating a close but not exact calculation.

projected value

Suggests a value forecasted for the future, rather than a current estimation.

anticipated value

Emphasizes expectation of a value, often used in financial contexts.

assessed value

Implies a formal evaluation, typically used in property or tax contexts.

presumed value

Indicates a value taken as true without concrete proof, based on available information.

inferred value

Highlights that the value is deduced or concluded from indirect evidence.

hypothetical value

Suggests a value used for theoretical purposes or scenarios.

calculated value

Implies a more precise determination through calculation, though still an estimate.

valuation

A more concise noun form referring to the process or result of estimating value.

market capitalization

Specifically refers to the total value of a company's outstanding shares in the stock market.

FAQs

How can I use "estimated value" in a sentence?

You can use "estimated value" to describe the approximate worth of something. For example, "The "estimated value" of the car is $10,000".

What are some alternatives to "estimated value"?

You can use alternatives like "approximate value", "projected value", or "anticipated value" depending on the context.

What's the difference between "estimated value" and "assessed value"?

"Estimated value" generally refers to an approximate calculation, while "assessed value" typically implies a formal evaluation, often for property or tax purposes.

When is it appropriate to use "estimated value" in writing?

Use "estimated value" when you need to indicate the approximate worth of something but do not have a precise figure. It's common in contexts like real estate, finance, and project planning.