to calculate an amount, cost, time, or size roughly, not exactly
We need to estimate the cost of the repairs.
Can you estimate how many people will come?
Here, estimate means “calculate roughly.” For “tener en alta estima,” use respect or esteem.
Common phrases & grammar
estimate the cost · estimate the time · estimate the number of · estimate the size
estimate + the cost/amount/number/time of + noun
estimate + how much/how many + subject + verb