New, somewhere between £60,000 and £120,000 depending on the make. You can get steinways in similar condition to the one I posted, i.e. in need of a lot of work for about £18-19,000. A good old concert grand in great shape would be about £30-70,000 for a top make, and about £20,000 for a lesser make. An old concert grand in need of a lot of work that isn't a steinway or a bosendorfer is about £2000 Surprisingly smaller pianos tend to hold their value better, people can fit a 6 foot piano in their house but not a 9 foot... A used 6 foot steinway would be about £50,000, a 9 foot one in the same condition would be about £30,000.