Computer Build : My first, need help

Hello > My name is Josh and I'm on amazon browsing items to buy computer parts for my upcoming birthday. I'm looking to upgrade, keep in my needs are that I want to play almost any game in this current year at max settings if not high/medium at 60 fps and above at a 144hz refresh rate.

I am going to be playing games like; GTA 5, H1Z1, The Division, Battlefield 1.. Many more

My current PC consists of:

Operating System
Windows 10 Home 64-bit
Intel Core i7 6700 @ 3.40GHz
Skylake 14nm Technology
16.0GB Dual-Channel DDR3 @ 798MHz (11-11-11-28)
Acer Aspire T3-710 (U3E1)
HP 2311x (1920x1080@60Hz)
4095MB NVIDIA GeForce GTX 745 (Sapphire/PCPartner)
2794GB Western Digital WDC WD30EZRX-22D8PB0 (SATA)

Obviously you can see this is a pre built computer but I am finally going to pluck up the courage and buy a bunch of parts to build my new pc. I am not sure weather I should upgrade my existing parts or buy a whole new computer together, I would like if you guys don't worry about price, well under like a £1,500 budget.

So as I said I was browsing through amazon and I came up with this build, I'm going for the black and red typed theme of the computer.

Cooler Master MasterCase Pro 5 Computer Case "MCY-005P-KWN00, USB 3.0, ATX, microATX, Mini-ITX, Window Side Panel, Black"
Intel Core i5-7500 3.80 GHz QuadCore 6 MB Cache CPU - Black
CPU Cooler:
Corsair Hydro Series H55 High Performance All-in-One Liquid CPU Cooler, 120 mm Radiator
Thermal Paste:
Arctic Cooling MX-4 4g Thermal Compound
Mother board:
ASUS Maximus VIII Hero Skylake ATX Motherboard - Grey/Red/Black
Graphics Card:
MSI GTX 1070 GAMING X 8G GeForce 8 GB GDDR5 VR Ready Graphics Card - Black
Corsair CMU16GX4M2C3000C15R Vengeance 16 GB (2 x 8 GB) DDR4 3000 MHz C15 XMP 2.0 Enthusiast LED Illuminated Memory Kit - Black/Red
Corsair CP-9020097-UK VS550 ATX/EPS Vs Series 80 Plus Power Supply Unit

This prices at: £1,221.22p
Is this good for the price? Is it worth the money or can I get even better performance?

Now you see, I am not experienced in building computers, I am not sure if all of these components are compatible with each other an example is the cooler and the CPU... To be honest I picked the cooler at random. Shall I add a SSD? - Am I missing anything? Shall I even get a new CPU since I already have an i7?

I am entirely not sure and would love the help and opinion of the community! - Thanks!
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  1. Best answer
    I'd keep the i7 6700, get a new z170 motherboard, maybe an msi gaming 3 or similar. Stock intel cooler is plenty, no need to spend money on a liquid cooler at stock clocks. The Vengence ddr4 3000 16gb kit is good. Graphics card, MSI gtx 1070 is a great pick. Make sure to get a fully modular psu like the supernova 750g2 or similar.
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