Is this really circa 1961?

[Lakes]

I have owned a watch exactly like this for about 20 years: http://www.watches.co.uk/watch/196f/...recision-6426/

I had always thought it dated from the early fifties. Perhaps someone could confirm? Could anyone suggest an approximate value as well? Mine also has no box or papers, but it runs perfectly. I appreciate its value will be well below the retail price listed in the link above.

Many thanks.