The Bank of England’s decision to hike the base rate by 0.5 percentage points to 5% in June has not dampened market expectations that interest rates will remain high for some time yet, and Money Saving Expert Martin Lewis has warned homeowners face a “nightmare year” of soaring costs.
Moneyfacts, the financial data provider, warned people looking for a new mortgage deal faced rates about 3% higher than a year ago. Our own analysis shows monthly repayments for a £250,000 mortgage on an average two-year fix of 5.49% would cost £401 more per month than it did two years ago.
But with renters also facing large hikes in what they pay, many will still want to get onto the property ladder. Others may be wanting to relocate or downsize.
So which areas of Wealden have the cheapest property prices? Every three months, the Office for National Statistics releases highly localised figures showing how sale prices vary across England’s suburbs, towns and villages.
The latest set of figures pinpoint the parts of Wealden which had the cheapest homes, on average, in 2022. The figures are the median price, and encompass all home types and sizes.

. House prices in Wealden: The 21 cheapest neighbourhoods to buy property, according to latest figures
The latest set of Office for National Statistics figures pinpoint the parts of Wealden which had the cheapest homes, on average, in 2022 Photo: AdobeStock

. Hailsham Central & East
In Hailsham Central & East, the average house price in 2022 was £300,000. Photo: Google

. Hailsham East
In Hailsham East, the average house price in 2022 was £310,250. Photo: Google

. Hailsham South & West
In Hailsham South & West, the average house price in 2022 was £313,500. Photo: Google

. Polegate
In Polegate, the average house price in 2022 was £324,500. Photo: Google

. Uckfield Town & North
In Uckfield Town & North, the average house price in 2022 was £330,000. Photo: Google

. Heathfield
In Heathfield, the average house price in 2022 was £350,000. Photo: Google

. Stone Cross, Westham & Pevensey Bay
In Stone Cross, Westham & Pevensey Bay, the average house price in 2022 was £359,973. Photo: Google

1. House prices in Wealden: The 21 cheapest neighbourhoods to buy property, according to latest figures
The latest set of Office for National Statistics figures pinpoint the parts of Wealden which had the cheapest homes, on average, in 2022 Photo: AdobeStock

2. Hailsham Central & East
In Hailsham Central & East, the average house price in 2022 was £300,000. Photo: Google

3. Hailsham East
In Hailsham East, the average house price in 2022 was £310,250. Photo: Google

4. Hailsham South & West
In Hailsham South & West, the average house price in 2022 was £313,500. Photo: Google