Bharani,
Your statement "The Estimated CTR value may or may not be determined based on the estimated clicks and impressions" feels like the chicken-egg scenario. Aren't Estimated Clicks generated from Estimated CTR? If not, what inputs are being used to generate the clicks?
As to your second question "Additionally, could you share details on how you're pulling the performance data for each landscape point to observe the CTR?", I'm calculating CTR with just the data returned for each bid landscape point, and not the actual performance data of the keyword. I attached an image of 2 keywords and their bid landscape points (fetched today 2018-06-21), where estCTR is a value I'm calculating by estClicks / estImpr. Each bid landscape point has a different estCTR, which sparked my initial curiosity about how these values were generated and whether Avg Position was a possible input to explain the different CTRs.

I will follow up on the Advertisers community forum to ask about Positioning and CTR as well.