There is provided an estimation device including an acquisition unit that acquires a channel estimation value for each combination of all of a plurality of combinations between a plurality of transmission antenna elements included in a base station and a plurality of reception antenna elements included in a mobile station; and an estimation unit that calculates a channel impulse response for each combination of all of the plurality of combinations between the plurality of transmission antenna elements and the plurality of reception antenna elements using the channel estimation values, and that estimates power delay profile by averaging, over all the combinations of the plurality of combinations between the plurality of transmission antenna elements and the plurality of reception antenna elements, power values for the respective combinations that are calculated from the calculated channel impulse responses for the respective combinations.