Crossword Genius

Calculated price of houses around Kent, being spoiled (8)

Ross

I believe the answer is:

cosseted

I'm a little stuck... Click here to teach me more about this clue!

'spoiled' is the definition.
('cosset' can be a synonym of 'spoil')

'calculated price of houses around kent being' is the wordplay.
I cannot quite see how this works, but
'of' could be 'o' and 'o' is present in the answer.
'around' could be 'c' (abbreviation for 'circa') and 'c' is present in the answer.
'kent' could be 'se' (Kent is part of the South East of England) and 'se' is located in the answer.
'being' could be 'ted' (Ted is an example) and 'ted' is found within the answer.
A single letter 's' remains which might be clued in a way I don't understand.
This may be the basis of the clue (or it may be nonsense).

Can you help me to learn more?

(Other definitions for cosseted that I've seen before include "'Mollycoddled, pampered (8)'" , "Pampered, spoiled" .)

I've seen this clue in The Independent.
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