So when does it release?

no date so far
q1 2015 earliest
probably way later

Fine later. So when would be an ideal time of year?

They haven't announced anything.

Before February 2015 because Bloodborne was announced to release there together with Japan.

They didn't announce anything, I think they want to get the maximum sales from Europe/US, have a clear edge for Christmas. Even if they sold as much, they would not get the same average revenue per consumer, so it's very possible they have to wait until April to post the best results they can from the playstation division. Which would not make the best period for a launch, but they can't really launch on Spring either... my bet is October 2015.