£60 is cheap for a trike wheel - depends on quality of the bits - I bought 2 pair of unused 20" wheels with tyres less axles for £100 off
ebay a couple of years ago and just started to fit them , The yellow marengo has a pair on it with 12mm HT bolts as axles .
I wrote a thread on Atomic zombie using 14mm BMX axles in MTB quando hubs as a direct replacement using smaller balls .
Still ALL trike wheels are expensive unless you are as tight as me and reuse spokes and recycle rims , eventually you get good at building wheels .
We have converted wheels using 15 mm bearings and 15mm silver steel axles , machined and threaded to 14mm .
Gas mig is best , I have a mate nr York who might be able to help on the welding side of your old frame . He is also a "zombie "
We weld up all our own frames , using a gas mig .
laters for now - early night
emma