Is the LM311 driven by dual power supplies or single power supply?
What's the value (minimum) of V2? Is V2 stable enough? Pls do aware that the input of LM311 is NOT R-R.
'1V' does look like 'noise'. Anyway, you may try to confirm whether it's due to noise or not. If it's, you probably need to add 'hysteresis' loop (positive feedback) to the comparator.