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Discover Ludwig"modest estimates" is correct and usable in written English.
It is typically used to describe an estimation or prediction that is not overly high or excessive, but rather conservative and reasonable. Example: The company's projections for sales next quarter are modest estimates, taking into account potential market fluctuations.
Exact(14)
Even more modest estimates forecast steady double-digit growth.
Even according to the UN's modest estimates, more than 2 million people are "internally displaced" – a euphemism for homeless.
If so that's above the more modest estimates of 600,000-800,000 that were expected, and a creditable follow-up to the record 1.8m crowd of 2009.
Not all schools submitted numbers that strain credibility, and some have put forth more modest estimates after years of sky-high claims.
No one knows exactly how much gas is down there, but modest estimates suggest it's at least 100 trillion cubic feet.
Only three years after the first deals, says the bank, they already run to 65m hectares an eighth of the bank's own estimate of total available land (and a third of the more modest estimates).
Similar(45)
That may be a modest estimate.
Did Bonhams's modest estimate, £2,000 to £3,000, reflect an expert's hesitation on that score?
Capgemini and Merrill Lynch come up with a more modest estimate of about $43 trillion.
And a piece of recent research, which shows that the cost of cutting pollution often turns out to be less than forecast, supports a modest estimate.
Last weekend, the prime minister, Manmohan Singh, said that the country faced a power shortage of 11% of demand and he was taking a very modest estimate of demand.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com