The Marshall JMP amps do indeed use a fairly low plate voltage, typically 380-400 volts, which results in the amp distorting earlier. The build quality is also very good, for example the pots are not PCB mounted for easy servicing. Personally I think that these are the last great amp Marshall made, although there are arguments for the JCM800.
I sounds like your amp is not working correctly and needs a service. Possibly the filter caps need replacing, or possible the output valves need changing. It's very diffcult to say without seeing/hearing the amp.
Regarding the price, £650 is at the upper end of what these amps usually sell for. For that money I would have hoped to get an earlier small logo version (same amp, cooler box). However, people are now getting hip to JMP era Marshalls, so if you hang on to your amp and look after it you will have an appreciating asset.