There is a high prevalence of B12 and folate deficiency in elderly individuals and a deficiency of either causes megaloblastic anaemia. The screening methods for these deficiencies are haemoglobin concentration and mean cell volume; however they are often present without macrocytosis. The study aimed to determine the sensitivity and specificity of parameters relating to neutrophil and monocyte volume in detecting megaloblastic changes, thus detection of B12 and folate deficiencies even before anaemia is apparent. Mean neutrophil and monocyte volumes were measured on Beckman Coulter LH750 haematology analyser using volume, conductivity and scatter. 57 non-anaemic and 109 anaemic patients were screened using these parameters. In the non-anaemic group 5.2% had B12 deficiency, 3.5% had intermediate values and 3.5% had low folate. For anaemic patients prevalence of B12 deficiency was 12.8%, intermediate levels 3.7%, and folate deficiency was 15.6%. Neutrophil and monocyte volume demonstrate utility in the detection of megaloblastic changes that occur due to B12 and folate deficiency. Providing the correct sample is available B12 and folate assays could be automatic reflex tests. This could reduce the number of patients being recalled for further testing, causing inconvenience and adding additional cost to the health service.