Appraised (8)
(Other definitions for estimated that I've seen before include "Calculated approximately" , "Guessed" , "Approximated, reckoned" , "Worked out" , "Rough" .)
'appraised' is the definition.
('assess' can be a synonym of 'appraise')
This is the entire clue.
(Other definitions for assessed that I've seen before include "reviewed" , "checked out?" , "Estimated" , "Evaluated" , "Judged the worth of something" .)