The station was closed for most of the 1990s for essential rebuilding work, and was reopened in 1998 by Humphrey Lyttelton. For many years it was open only on weekdays, and before 1966 many trains passed through without stopping. Since its 1998 reopening these limitations have now been removed in an attempt to relieve the pressure on the increasingly busy Camden Town station.
A memorial plaque to the late Willie Rushton, a founder player of the game Mornington Crescent (named after the station), was installed at the station in 2002.