1n4007 max voltage rating?

The maximum reverse voltage of a 1N4007 is 1000V.

On the Data sheet it is shown as 'Maximum repetitive peak reverse voltage'

Slightly off-topic but I did not want to create a new thread, will this LED driver need decoupling capacitors?

Everything needs decoupling capacitors. Without the circuit diagram that you didn't post it's impossible to be more precise.