"We've exceeded everyone's expectations and it's amazing how things can turn around," Hodgson said after the 2-0 defeat to FA Cup finalist's Everton.
"We were hoping we'd secure seventh spot in style, but it wasn't to be. But Liverpool did the job against Tottenham.
"I think over the 38 games we deserve to be seventh and that will do me very nicely.
"The people who deserve the credit are the players who have worked so hard.
"I am delighted and now the hard work will begin to make sure we bolster our squad and are ready on the 1st August."