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The values to older, low-end Fenders have escalated dramatically in recent years (I once owned a '57 Musicmaster which I paid £200 for!) - but outside of high-end vintage dealers, I doubt they actually sell for that much.
Just in case I'm wrong, I'd call Nick's Guitars, Vintage and Rare in Bath and any other UK vintage dealers you can think of and see what they would pay you for the guitar.
I doubt any of them would pay you more than the value of a used EJ Strat in cash - but I may be out of step.
If you're going to play the ej, get it !
If you're going to trade up the ej, get it!
If you're going to leave it in its case for years then sell it the future for not much because they've made 6000000 ej's and now they're worth £1.50 and the latest rockstar is using a 60's musicmaster and everyone wants one ( hey, it could happen ) and you'll lament it's passing. Don't .
Personally I swap that sucker for a ej strat in a heartbeat !
A 24"-scale, B-width version could be worth double what a 22.5", A-width version is, and potentially more than the Strat.
The little ones are cool, and sound surprisingly good with heavy strings on - and play pretty well if you don't have big hands - but definitely aren't worth as much as you might think a '66 Fender would be. I gigged a '65 22.5/A one for a while, with 12s on it sounded like the fattest Strat neck pickup ever. From memory I bought and sold it for around £350 and £450 respectively about ten to twelve tears ago.
"Take these three items, some WD-40, a vise grip, and a roll of duct tape. Any man worth his salt can fix almost any problem with this stuff alone." - Walt Kowalski
"Only two things are infinite - the universe, and human stupidity. And I'm not sure about the universe." - Albert Einstein
Studio: https://www.voltperoctave.com
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'If I doubt don't' is always a good motto to live by.
I really regret selling off my collection of short-scale Fenders now - my musical direction had changed and I couldn't really justify keeping them, but even so...
I had:
'65 Jaguar (sunburst)
'65 Musicmaster II (22.5/A, gold refinish)
'64 Duo-Sonic II (24/A, white re-refinish)
'66 Mustang (24/B, red)
'72 Mustang (Competition blue)
2x Swinger (yes really! But both badly hacked, by John Birch I think)
The Jag was my main guitar in my 'real' band for about five years, the others got used for various side projects.
I wish I'd kept at least one of them now - although which one would have been a harder choice. The Jag was the 'best', but the others all had very distinctive characters and some were actually more suited to certain things.
"Take these three items, some WD-40, a vise grip, and a roll of duct tape. Any man worth his salt can fix almost any problem with this stuff alone." - Walt Kowalski
"Only two things are infinite - the universe, and human stupidity. And I'm not sure about the universe." - Albert Einstein
And its from the mid '60's for added mojo!