It was dedicated to St Olaf, a Norwegian Christian ally of the English king Ethelred II.

The church was destroyed by the Great Fire of London in 1666 and not rebuilt.

It had a small churchyard, and owned another piece of land for burials in Noble Street, which, from its connection with the Barber Surgeons, was known as the "anatomizer's ground".

[4] From 1540 the Barber Surgeons carried out dissections at Monkwell Street for the purpose of anatomical teaching.

This article about a church or other Christian place of worship in London is a stub.